With a partial government shutdown looking very likely, the price of gold has been soaring recently. Two top-performing ETFs-Direxion Daily Junior Gold Miners Bull 2X (JNUG) and the Direxion Daily Gold Miners Bull 2X (NUGT)—give investors a convenient way to profit from this trend.
And although Congress may find a way relatively soon to end the shutdown, several other factors that have pushed gold much higher over much longer periods are unlikely to dissipate in the near-to-medium term. Among these positive catalysts are the weakening U.S. dollar, high government debt globally, the sanctions imposed by the U.S. against Russia, and elevated tensions between America and its allies.
