Unlimited Danger Lurks In Leveraged Gold Miner ETFs

miners
From Sprott Money: Real gold is real money; however, in today's financial system it is traded as a paper derivative. One day, we believe that gold will reclaim its throne at or near the center of the world monetary system.
NYSE:JNUG April 6, 2017 9:41am

Direxion Announces A Number Of Reverse Splits For Its Leveraged ETFs

share splits
ETF issuer Direxion announced it will complete reverse splits for a number of its leveraged funds this spring, including a couple of very popular gold mining ETFs.
NYSE:JNUG March 1, 2017 10:24am

Investor Appetite Remains Strong For Leveraged Gold Mining ETFs

gold-1575220-640x480
There has been a nice lift in the Gold Miners since their mid-December lows, mostly tied to a rebound in spot Gold prices themselves during this time frame.
NYSE:NUGT January 6, 2017 10:59pm

Millennials Got Slaughtered With These Post-Trump Bets

down plunging prices
After Donald Trump's surprising election win last month, scores of younger investors made big bets on ETFs that have performed extremely poorly, according to data from Bloomberg and TD Ameritrade.
NYSE:JNUG December 19, 2016 11:19am

Leveraged Gold Miners ETF Close to Bottoming?

gold 600X300
After four long months of seemingly constant selling, a popular triple leveraged ETF tied to gold mining stocks is showing some initial signs of an upcoming bounce.
NYSE:NUGT December 16, 2016 10:06am

Is The Gold and Silver Rally In Trouble?

freefall downOn the surface, gold and silver prices themselves didn't have much of an eye-opening fall last week, but when you peer in at the gold and silver mining ETFs, you can see there was considerable damage done, especially with the leveraged commodity ETFs.
NYSE:GDX July 24, 2016 1:12pm

Time to Get Out of Leveraged Gold Miners ETFs

gold standardThe stunning rally of leveraged gold mining ETFs this year cannot be ignored, but looking at the recent price action of these risky funds indicates a big correct is taking shape.
NYSE:JNUG July 19, 2016 10:36am

Morning Gold Update: Price Drops as Global Equities Rise; Miners Also Take a Hit

gold reservesGold prices fell more than 1% on Thursday morning, driven by global equity gains. Gold miners were also sinking in early trading.
NYSE:GDX July 14, 2016 9:11am

Direxion Announces Reverse Share Splits Of Six Leveraged ETFs

direxion 600X300Direxion Investments has announced it will execute reverse share splits for six of its leveraged exchange-traded funds (“ETFs”). The total market value of the shares outstanding will not be affected as a result of these splits, except with respect
NYSE:FAZ August 10, 2015 3:01pm

Potential Upside Target For This Junior Gold Miners ETF [SPDR Gold Trust (ETF), Market Vectors Junior Gold Miners ETF]

gold miner pickJordan Roy-Byrne: As 2015 begins I’d like to briefly follow up on my most recent article in which I discussed the oversold condition in the miners. Breadth indicators as well as technical indicators (such as distance from the 200-day moving average) showed the miners
NYSE:GDX January 2, 2015 3:45pm

Have Gold Stocks Hit Bottom? [Barrick Gold Corporation (USA), Goldcorp Inc. (USA), Newmont Mining Corp]

gold miner pickWith a strong dollar currently depressing the precious metals prices, M Partners Mining Analyst Derek Macpherson believes that fundamentals will kick in eventually and bring prices back up.
NYSE:GDX October 7, 2014 2:48pm

How to Use an Iron Condor to Profit [Direxion Shares Exchange Traded Fund Trust(NYSEARCA:NUGT)]

howtoWhat if you want to take a position in a stock, but instead of profiting if the stock price moves higher or lower, you want to earn a return if the stock stays in a specific range. This can be done by using an options strategy called an iron condor. The iron condor combines two
NYSE:NUGT August 21, 2014 11:25am

4 Reasons Gold Miners Are A Screaming BUY [Market Vectors Junior Gold Miners ETF, Goldcorp Inc. (USA)]

gold miner pickTara Clarke: Gold prices have rallied 7% so far in 2014. It follows that investors in gold stocks - which are closely linked with gold itself - stand to profit.
NYSE:GDX July 17, 2014 12:18pm

Bullish Metals Ratio Charts Indicating A New Healthy Bull Market [iShares Silver Trust (ETF), SPDR Gold Trust (ETF)]

bear and bull 8Trader MC: First of all, it is important to keep in mind that Miners are extremely undervalued and the down move in Metals was a cyclical bear market within a secular bull market which means that the primary trend is up. Bullish price action and bullish patterns
NYSE:GDX June 19, 2014 12:52pm

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