DUST News and Press, Direxion Daily Gold Miners Index Bear 3X Shares From 09/25/19

Gold futures (NYSEARCA: GLD ) suffered their worst loss in nearly three weeks , with December Comex gold settling -1.8% to $1,512.30/oz., weighed by strength in the dollar and U.S. stock market, as investors largely dismiss the start of the House's impeachment inquiry. More news on: SPD...

The knee-jerk reaction to the most recent Fed meeting took the price of gold lower and below the $1500 level on the nearby December COMEX futures contract. At its September 18 meeting, the US central bank lowered the short-term Fed Funds rate by 25 basis points. The move was the second since J...

Gold futures climbed to their highest in more than two weeks, with December Comex gold ( GLD +0.5% ) settling +1.1% to $1,431.50/oz., and silver +4.2% to $18.61/oz, as weak European economic data rekindled global recession worries. More news on: SPDR Gold Trust ETF, Endeavour Silv...

The Underestimated Growth Engine In a previous post (see here ), I wrote about the often-ignored engine of organic economic growth that is private savings . To quote myself: Saving leads to investment. Investment leads to increased productivity and output capacity. These lead to more ...

It has been slightly longer than a month since we shared our outlook for gold on Seeking Alpha. To recap briefly, we turned bullish on the entire precious metals complex and discussed our reasoning here in late 2018. Gold and silver met our price targets during the past few weeks. However, ele...

The gold market has calmed since reaching its most recent high at the beginning of September. December gold sitting at around the $1500 per ounce level on September 17. The ECB cut its deposit rate by ten basis points to negative 50 basis points at its September meeting. They also restarted ...

Even as gold bullion trades near six-year highs, the sentiment in presentations and interviews from mining executives (NYSEARCA: GDX ) at the Denver Gold Forum this week was the need to maintain discipline , Bloomberg reports. More news on: VanEck Vectors Gold Miners ETF, Agnico Eagle Min...

Picture Source: REUTERS/Eduardo Munoz. A trader looks at screens as he works on the floor at the New York Stock Exchange, August 13, 2019. For the fourth month in a row, investors were net purchasers of mutual fund assets, injecting $64.9 billion into the conventional funds business (exclu...

In 2018, the US Federal Reserve increased the short-term Feds Fund rate by 25 basis point four times. Coming into last year, the central bank had told markets to expect three one-quarter of one-point increases. Economic growth and the lowest unemployment rate in a half-century led the Fed to t...

Gold futures gained today but pulled back from early highs, finishing at their highest levels in just over a week, after the attack on Saudi oil production added to the appeal of safe haven assets. More news on: SPDR Gold Trust ETF, iShares Silver Trust ETF, Barrick Gold Corporation, Co...