Silver Could See Upside in 2023: A Leveraged ETF to Consider
Unlike gold, silver can be an intriguing metals exposure option given that it can serve as an industrial or a precious metal.
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Unlike gold, silver can be an intriguing metals exposure option given that it can serve as an industrial or a precious metal.
Despite a rough start to the second half of 2022, the Direxion Daily Metal Miners Bull 2X Shares (MNM) is still up about 13% for the year.
Supply concerns and uncertain market demand will weigh heavy on metals and mining.
Scarcity and utility push the value of metals. Increased demand drives the mining industry and provides traders with potential opportunities.
With the world moving towards renewable energy sources and decarbonization, metal mining will play a critical role, according to a Financial Times article.