Dec. 28, 2025 11:17 AM ETDirexion Daily Gold Miners Index Bull 2X Shares ETF (NUGT)GDX, NEM, XAUUSD:CUR, AEM, B, AU, WPM, GFI, FNV, KGC, PAAS, NESRF, NVDA, AAPL, GOOGL, ZNVD:CA, ZGOO:CA, ZAAP:CA, WPM:CA, AAPL:CA, PAASF, PAAS:CA, ABX:CA, NVDA:CA, AEM:CA, FNV:CA, NSTYY, GFIOF, GOOG, GOOG:CA, K:CAPower HedgeInvesting Group LeaderCommentsSummaryThe Direxion Daily Gold Miners Index Bull 2X Shares ETF offers double the daily performance of the MarketVector Global Gold Miners Index but is intended solely for intraday trading.Gold miners, as tracked by GDX, remain attractively valued versus the S&P 500, with potential for earnings upside if gold prices exceed analyst forecasts.Persistent U.S. fiscal deficits, quantitative easing, and expected rate cuts in 2026 create strong tailwinds for gold and gold miners’ earnings growth.NUGT’s structure leads to value decay if held overnight; GDX is recommended for sustained exposure, while NUGT can tactically amplify intraday gains.Michael H/DigitalVision via Getty ImagesThe Direxion Daily Gold Miners Index Bull 2X Shares ETF (NUGT) is a leveraged exchange-traded fund that aims to provide its owners with double the daily price movement of the MarketVector Global GoldMore on my IG serviceAt Energy Profits in Dividends, we seek to generate a 7%+ income yield by investing in a portfolio of energy stocks while minimizing our risk of principal loss. By subscribing, you will get access to our best ideas earlier than they are released to the general public (and many of them are not released at all) as well as far more in-depth research than we make available to everybody. In addition, all subscribers can read any of my work without a subscription to Seeking Alpha Premium!We are currently offering a two-week free trial for the service, so check us out!This article was written byPower Hedge15.93K FollowersPower Hedge has been covering both traditional and renewable energy since 2010. He targets primarily international companies of all sizes that hold a competitive advantage and pay dividends with strong yields. He is the leader of the investing group Energy Profits in Dividends where he focuses on generating income through energy stocks and CEFs while managing risk through options. He also provides micro and macro-analysis of both domestic and international energy companie. Learn more.Analyst’s Disclosure:I/we have a beneficial long position in the shares of NEM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.I am long physical gold, physical silver, and physical platinum. I have a long position in the common equity of Newmont and positions in various gold mining funds that may hold shares of any company mentioned in this article. I do not have any position in GDX or NUGT.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comments