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

These Triple Leveraged ETFs Surged — and Purged — in July

direxion 600X300ETF issuer Direxion Shares just released some interesting performance data for July, and if you were bullish gold miners, then you may have had a heck of a month.
NYSE:DRIP August 1, 2016 1:35pm

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

Why I Wouldn’t Touch Junior Gold Miners Right Now

minersJames DiGeorgia: As the possibility of a federal-government shutdown evolved into a strong probability that resulted in a lot of hand-wringing today, the volatility kept even some of the most-seasoned traders on the sidelines.
NYSE:GDX October 8, 2013 3:24pm

Big Bank Sets Near-Term Target Of $1,050 For Gold

gold AAAJeff Clark: Goldman Sachs is once again predicting that gold will fall, setting a new near-term target of $1,050.
NYSE:GLD September 24, 2013 2:51pm

Why Gold Prices Will Keep Rising

india-gold-etfTony Daltorio: After watching some drastic one-day plunges this year for the yellow metal, investors are wondering why gold prices are rising now– could this be the start of a healthy, prolonged rebound?
NYSE:GLD July 25, 2013 11:31am

Rebound In Sight For The Direxion Daily Gold Miners Bull 3x Shares (NUGT)

sellbuyTrading Central: From a technical view, the Direxion Daily Gold Miners Bull 3x Shares (NYSEARCA:NUGT) is close to a key support area set around 19.50 while volumes are increasing.
NYSE:NUGT April 11, 2013 12:29pm

Seven Leveraged ETFs Every Day Trader Must Know (TZA, FAZ, SDS, TVIX, UCO, TBT, NUGT)

Stoyan Bojinov: The proliferation of exchange-traded products has opened up the investing landscape to participants of all styles and experience levels. Virtually anyone with a personal brokerage account can now tap into any number of global asset classes; whether its domestic
NYSE:FAZ October 9, 2012 11:54am

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