DUST News and Press, Direxion Daily Gold Miners Index Bear 3X Shares From 07/06/19

Gold’s incredible strength this summer is very unusual, as early summers are the weakest times of the year seasonally for gold, silver, and their miners’ stocks. With traders’ attention diverted to vacations and summer fun, interest in and demand for precious metals normal...

Last week's rally in the gold market emboldened the large speculators to increase their positions to nearly 5:1 on the long side by adding 120k new long positions over the last three weeks. This is the most bullish position the speculators have attained since March of 2018. Gold made the high ...

We published a report on Seeking Alpha on June 27, " Gold Bulls Caught in a Trap ." It garnered many responses because all the gold bulls came out of the closet. After reading some of the comments, I was struck by the number of comments chastising me for having written that report. There appea...

The weekend brought a trade truce between the U.S. and China, and Donald Trump becoming the first sitting U.S. president to step foot in North Korea. More news on: SPDR Gold Trust ETF, VanEck Vectors Gold Miners ETF, Direxion Daily Gold Miners Index Bull 3x Shares ETF, Commodities news, To...

The gold miners’ stocks just blasted higher to a major decisive breakout this week. Driven by gold’s own huge bull market breakout, the gold stocks surged well above vexing years-old upper resistance. The resulting new multi-year highs are a game changer, starting to shift long-a...

I find that for me, being a history buff makes it almost impossible not to be a believer in the metal that has been a fixture and sign of value and wealth since ancient times. I am a gold bug and have been since I first started in the commodities business in the early 1980s. There is no other ...

A Bull Trap "The gold market bulls appear to be in a bull trap," Equity Management Academy CEO Patrick MontesDeOca said. If we look at the weekly chart published in our last report, we anticipated that as we came into this week, the high of the Sell 1 (S1) level was going to be $1,423. Aft...

Commodities prices move higher and lower for a myriad of reasons. Supply and demand fundamentals are the microeconomic rationale for price appreciation and depreciation. Each raw material market has idiosyncratic factors when it comes to production and consumption. The weather and natural di...

Gold adds to six-year highs , on track for a fifth straight gain, as prospects of lower Federal Reserve rates and lingering geopolitical tensions between the U.S. and Iran fuel safe-haven buying; Comex gold +1.2% to $1,417.40/bbl. More news on: Barrick Gold Corporation, Kinross Gold Co...

Gold is a currency and a commodity that is unlike all other assets as it is a hybrid. As a raw material, jewelry, and a myriad of industrial applications require gold. As a currency or financial asset, central banks around the world hold the yellow metal as an integral part of their foreign ex...