ETF ARTICLES
It’s been another rough month for the precious metals sector, with the Palladium ETF (PALL) diving 24%, silver (SLV) down 6%, and gold (GLD) sliding by more than 4%. This has taken yet another bite out of the Gold Miners Index (GDX), which is now down 9% for the month, and 18% year-to-date. While this […]
It’s been a demoralizing 12-month stretch for the precious metals markets, with the gold (GLD) price down more than 7% over the past year and more than 13% from its August 2020 highs. While this performance is not terrible after a 2-year 60% run that preceded this drop, it is quite disappointing at a time […]
It’s been a tough 12-month stretch for investors in the gold (GLD) sector, with the metal down nearly 20% from its Q3 2020 highs and recently re-testing its low in the $1,670/oz region. Unfortunately, it’s been even tougher to endure this correction while watching the price of bitcoin soar by more than 100% and the […]
It’s been a painful stretch for investors in the gold (GLD) trade, with the metal down over 15% since its Q3 2020 highs and continuing to make lower highs thus far this year. Adding insult to injury, many investors have watched the S&P-500 (SPY) march higher at a brisk pace, with the market averages outperforming […]
It’s been a volatile month thus far for the precious metals market, with the price of gold (GLD) briefly trying to break higher this week before being rejected back into its trading range. On a year-to-date basis, gold continues to massively underperform other assets like the S&P-500 (SPY) and Bitcoin (BTC), but this underperformance continues […]
Gold: Bulls Remain In Control Gold: Time For Bulls To Start Playing Offense It’s been a rough two months for the precious metals space, with the price of gold (GLD) sliding nearly 9% from its May highs before finding a bottom in late June. While this turbulent price action has eroded the bullish posture of […]
While Q2 started off strong, it was a rough finish to the quarter for the price of gold (GLD), with the metal dipping back into negative territory, down just over 4% year-to-date. This weak performance following the June Federal Reserve Meeting, where we saw the discussion of an earlier rate hike than initially planned. While […]
It’s been a rough month thus far for the precious metals complex, with the price of gold (GLD) plunging by more than 7% thus far in June despite one of the highest inflation readings we’ve seen in more than a decade. While many investors had hoped that a continued dovish stance by the Federal Reserve […]
It’s been an exciting Q2 for the precious metals complex, with the price of gold (GLD) recovering sharply from its February slide, with the metal now flat year-to-date. This recovery in the gold price has lit a fire under many gold miners, with previous leaders like Kirkland Lake Gold (KL) working on making new 3-month […]
It’s been a volatile month thus far for the major market averages, but the yellow metal (GLD) has continued to hold its ground, seeing minimal downside volatility and up more than 10% just over halfway through Q2. This exceptional performance is a massive change in character from Q1 when the metal couldn’t find a single […]
Brent-WTI is a location, quality, and political risk spread The shift in US energy policy makes Brent-WTI an even more important indicator Brent could slip to a discount as the petroleum power shifts The trend is your friend in crude oil, and it is higher- Ask Goldman Sachs USO and BNO are the ETFs for […]
It’s been a volatile month for the market thus far, with the Nasdaq-100 (QQQ) down over 5% and the S&P-500 (SPY) giving up nearly half of its April advance. Fortunately, this weakness in the major market averages has not spilled over to the precious metals complex, where gold (GLD) is now massively outperforming the Nasdaq […]
Crude oil probes below $60 makes a higher low and is now working towards the May 8 peak OPEC+ is managing the market to extract the highest price from US consumers Inventory data is bullish Multi-year highs in many commodities point to the same in crude oil BNO and USO are the crude oil ETF […]
New highs in gasoline and a pullback Lots of time ahead in the driving season Three reasons why gasoline can head a lot higher Technical levels to watch UGA tracks the price of NYMEX gasoline futures Gasoline is the most ubiquitous oil product. The fuel is highly seasonal as prices fall during the winter months […]
The month of April started off on the right foot for the yellow metal (GLD) and the Gold Miners Index (GDX), but despite a continued dovish tone from the Federal Reserve on Wednesday, the metals and miners are being taken to the woodshed. Again. While gold is only down 2% from its recent highs, the […]