Direxion Shares of Boston last Thursday launched a pair of 300% leveraged gold ETFs, the Direxion Daily Gold Bull 3X Shares and its sibling Direxion Daily Gold Bear 3X Shares. The firm says that these represent the first leveraged ETFs to track the daily or daily inverse price of gold. Both track the daily performance of the price of 100 troy ounces of gold via Comex Gold Futures as their benchmarks, before fees and expenses are assessed. “With 3X exposure in either direction, [these ETFs] pro