DUST News and Press, Direxion Daily Gold Miners Index Bear 3X Shares From 07/18/20

When asked about what's going on in markets during today's Daily Briefing, Real Vision CEO Raoul Pal put it simply: "There's nothing going on," he said. Pal said that overall, markets are holding steady. Some things have moved, like gold mining shares (up 34% YTD), banks (down 35% YTD...

Gold miners ( GDX +2.8% ) continue to rally as prices for the yellow metals are poised for their sixth straight weekly gain , lifted by the prospects for second waves of coronavirus infections in the U.S. as well as a weaker dollar; August Comex gold +0.6% to $1,810.70/oz. More news...

Thesis Summary Since writing my original " Monetary Death Spiral " article in late September 2019, over $3.8 trillion has been added to the national debt, and yet the 10-year Treasury interest rate has fallen from around 1.7% to 0.65%. This speaks to the core paradox explained by the MDS...

Major Long-Term Targets Completed The gold market traded last at $1,807.70. It has activated a weekly short trigger at $1,808.00. The weekly short signal that we had for this week has been the level of $1,808.00. The average daily price for today is at $1,811.00, the extreme level above th...

Gold ( XAUUSD:CUR ) edges higher en route to a fifth straight weekly gain , as surging coronavirus cases in the U.S. support demand for safe-haven assets. More news on: Gold Spot Price, SPDR Gold Trust ETF, iShares Silver Trust ETF, Commodities news, News on ETFs, Read more ...

Gold futures ( XAUUSD:CUR ) finished at their highest settlement since September 2011 , climbing back above $1,800/oz. to wrap up the session at the highest intraday level of $1,809.90. More news on: Gold Spot Price, SPDR Gold Trust ETF, VanEck Vectors Gold Miners ETF, Commodities news, N...

Gold miners' stocks rocketed out of mid-March's stock panic, breaking out to major new bull-market highs in mid-May. Such blisteringly-fast gains, and gold stocks' upleg stalling out since, have left many traders nervous about this sector. Calls for a serious selloff are mounting. But arguing ...

By John Corcoran, Senior Client Portfolio Manager Changes in the macroeconomic and geopolitical environment have made these assets more attractive. The gold and precious metals mining equities have rallied sharply off their March bottom to 15% higher year to date through June 1 and 7...

Gold futures ( XAUUSD:CUR ) tallied their highest settlement in more than seven-and-a-half years , lifted by a favorable combination of low interest rates, U.S.-China tension and a weaker U.S. dollar. More news on: Gold Spot Price, SPDR Gold Trust ETF, VanEck Vectors Gold Miners ETF, Comm...

Don’t look now, but gold is making a silent comeback after spending the last several weeks in the shadow of the resurgent U.S. equity market. In this report, we’ll look at how the recent action of the gold price reveals that, despite widespread optimism surrounding re-openings, i...