More specifically, if they want to lever up on their trades, they can use the Direxion Daily Gold Miners Bull 3X ETF (NUGT). NUGT, which is up over 30% for the year, invests in swap agreements, futures contracts, short positions, or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80% of the fund’s net assets. In front of the National Association for Business Economics, Powell was more candid with respect to his remarks regarding inflation.