DUST News and Press, Direxion Daily Gold Miners Index Bear 3X Shares From 09/05/19

The defensive posture that investors have embraced all summer is still evident, and it still favors owning gold as a hedge against global market risk. As I’ll explain in today’s report, the market’s “risk-off” mentality will continue boosting gold prices well...

Gold futures rally ( GLD +1.6% ) as uncertainties around U.S.-China trade relations and Brexit are exacerbated by data showing a decline in U.S. manufacturing ; December Comex gold +1.7% to $1,556.20/oz., December silver +4.1% to $19.10/oz. More news on: SPDR Gold Trust ETF, Barr...

Over the past few weeks, we have received questions about whether gold or gold stocks are the best way to access the current bull market, so we thought it would be helpful to review how this bull market compares with those of the past. Bull markets can be classified as either secular (long-t...

The dollar is the king of currencies. The US currency is the reserve asset of choice for central banks around the world because the political and economic system of the wealthiest nation on earth is stable. The dollar is accepted legal tender around the globe. In the past, the value of one c...

In June, gold broke out of the $331.30 trading range that had contained the price action since 2014. For more than half a decade the precious metal consolidated after its decline from the all-time peak in 2011 at $1920.70 to what turned out to be a bottom in December 2015 at $1046.20. The 50% ...

As we look at the December gold contract with the weekly Variable Changing Price Momentum Indicator (VC PMI) indicators, it is clear on the chart that the Sell 2 (S2) level is $1,564. The market made a high of $1,565 on the 25th of August at 3:15 pm (Pacific Time). Since then, the market has r...

Ankit Sahni, president and head of research at Exante Data, told viewers of Real Vision's Trade Ideas that the decline in real interest rates will continue to boost gold over the next 3-6 months. "You can think of gold as being a currency which has no inflation and zero interest rates,"...

After a welcome breakout from a 2-week trading range, a summer rally for the precious metals sector continues to gain strength even as the global equity market stumbles. The recent plunge in U.S. small cap stocks is a reflection of the internal weakness plaguing equities; it’s also one ...

Gold futures ( GLD +0.7% ) pushed to their highest settlement in nearly six-and-a-half years and silver jumped to a more than two-year high, as safe-haven demand kicks into high gear. More news on: SPDR Gold Trust ETF, Global X Silver Miners ETF, iShares Silver Trust ETF, Commodities n...

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...