DUST News and Press, Direxion Daily Gold Miners Index Bear 3X Shares From 08/27/19

Friday, August 23, was a wild day in markets, which many market participants had expected. However, the price volatility came from an unexpected source. Fed Chairman Jerome Powell gave a speech at the central bank's annual retreat at Jackson Hole, Wyoming. The address, as well as interviews wi...

Gold will extend its recent gains as the U.S.-China trade dispute slows growth, risking a deeper slowdown and inviting more central bank easing, UBS analysts say in predicting the yellow metal may hit $1,600/oz. within three months. More news on: SPDR Gold Trust ETF, VanEck Vectors Gold...

American pensions are in trouble. A Wilshire Consulting Report from 2017 shows that 97% of the 103 state pension funds that report actuarial values were underfunded. The "funded ratio" — that is, the percentage of liabilities (promised benefits) covered by current assets (funds av...

By John Corcoran, Senior Client Portfolio Manager The changing dynamics in the market and economy have fared well for gold and precious metals. Gold and precious metals mining equities - as represented by the Philadelphia Gold and Silver Index ((XAU)) - are performing solidly in 2019...

The first mention of gold in the old testament of the Bible comes from Genesis, "And the gold of that land is good; bdellium and onyx stone are there. The Bible, old and new testaments, mention gold hundreds of times. In Job 28, the Apostle Peter said ones' faith is "of greater value than gold...

Gainers:  Euro 2X ETN Vaneck (NYSEARCA: URR )  +24.3% . Direxion Junior Gold Mine Bull 3X (NYSEARCA: JNUG )  +14.9% . Gold Miners Bull 3X Direxion ETF (NYSEARCA: NUGT )  +13.6% . Direxion S&P Biotech Bear 3X (NYSEARCA: LABD )  +12.0% . Direxion Natural Gas Bear...

Gold pushes higher ( GLD +1.8% ) following Federal Reserve Chairman Powell's speech and Pres. Trump's tweets threatening China, as investors seek a safe haven amid uncertainty; December Comex gold +1.9% to $1,537/oz. More news on: SPDR Gold Trust ETF, Barrick Gold Corporation, Newmo...

In the 1980s, when I traveled behind the iron curtain or to developing countries around the world, this boy from Brooklyn learned the power of the US dollar. A mentor taught me that before venturing outside of the United States to some of the more challenging parts of the world in those days, ...

Gold prices are solidly lower as risk appetite is upbeat to start the trading week; Comex gold -1% to $1,507.40/oz, silver -1.1% to $16.92/oz. More news on: Gold Fields Limited, IAMGOLD Corporation, Fortuna Silver Mines Inc., Commodities news, Stocks on the move, News on ETFs, R...

I have been involved in markets since the early 1980s, and until the aftermath of the global financial crisis in 2008, had never even considered negative interest rates. As a commodities trader, I am well-accustomed to markets that move to backwardation. When deferred prices are lower than nea...