ETF Traders Turning Bearish on Gold Miners
May 19, 2016 at 14:03 PM EDT
Despite a bounce in the mining sector, exchange traded fund investors turned bearish on gold producers after the Federal Reserve’s hawkish stance, piling into a leveraged inverse option Thursday. The Direxion Daily Gold Miners Bear 3X Shares (NYSEArca: DUST), which takes the -3x or -300%...