DUST News and Press, Direxion Daily Gold Miners Index Bear 3X Shares From 03/14/20

By Leigh Bowden Since their recent peaks, this is the performance of the following assets: S&P -27% [[TLT]] -13% Gold -8% Silver -21% [[GDX]] -31% [[SILJ]] -54% Several quick observations here. First, it is clear that the metals and miners have been tracking stocks la...

With the major gold miners' stocks getting bludgeoned, smart contrarian traders are salivating at coming great buy-low opportunities! With the COVID-19 pandemic's extreme fear terrifying the markets, it's very important to stay grounded in the gold stocks' underlying fundamentals. Just this we...

Gainers:  Direxion Junior Gold Mine Bear 3X (NYSEARCA: JDST )  +256.8% . More news on: Direxion Daily Junior Gold Miners Index Bear 3x Shares ETF, Direxion Daily Gold Miners Index Bear 3x Shares ETF, VelocityShares Daily 2x VIX Short-Term ETN, News on ETFs, Stocks on the move, ...

No longer a safe haven , gold futures (NYSEARCA: GLD ) post their fourth straight daily decline to conclude their worst week since September 2011 . More news on: SPDR Gold Trust ETF, Barrick Gold Corporation, Newmont Corporation, Commodities news, Stocks on the move, News on ETFs, R...

At the turn of this century, the price of gold was fighting to remain above the $250 per ounce level. The Bank of England, in its infinite wisdom, decided to sell half of its gold reserves in the late 1990s, declaring the yellow metal a barbarous relic of the past. Most central banks employ th...

OIS Can Be A Slow Gainer The oilfield services industry is going through a bloodbath as energy demand forecasts are moving south while the production is slated to flood the market in the short term. In the current dynamics, Oil States International ( OIS ), apart from the commercialization...

Eldorado Gold ( EGO ) released its guidance for 2020 on the 20th February. I analyse the guidance below. My conclusion is that the company is still substantially undervalued. The company operates gold mines in Turkey, Greece and Canada. They also have undeveloped assets in Brazil, Romania an...

Gold mining can be a terrible business. The metal's price is volatile. Environmental and political risks are ever-present. And operating costs (especially energy) tend to rise even when gold's price is falling. The result is a combination of low margins and high risk that causes most miners to...

I measure once a month the decay of major leveraged ETFs. It may be useful for anyone using leveraged ETFs for investing, trading or hedging. W hy do leveraged ETFs drift? Leveraged ETFs often underperform their underlying indexes leveraged by the same factor. This relative decay has ...

Gold futures eked out gains but retreated from the $1,700/oz. level touched earlier, as investors sold the yellow metal to cover margin calls due to today's rout in equities and energy markets. More news on: Barrick Gold Corporation, Newmont Corporation, Kinross Gold Corporation, Commod...