DUST News and Press, Direxion Daily Gold Miners Index Bear 3X Shares From 01/14/21

Gold gained 25.1% or $381/oz in 2020, its largest annual percentage gain in ten years. Gold stocks also tumbled as investors sought to raise cash for margin calls, redemptions and risk-off positioning. Gold miners' performance outpaced gold for most of the year, despite some conso...

Gold stocks kicked off 2021 with a major upside breakout. The leading gold-stock ETF finally burst decisively above its recent correction’s downtrend resistance and 50-day moving average this week. Gold stocks confirmed that breakout since by holding those high levels despite a...

Precious metals miners are slammed as metal prices fall, led by gold and silver due to a stronger dollar and higher U.S. Treasury yields.February Comex gold (XAUUSD:CUR) -2.9% to $1,858/oz., dropping below $19,000/oz. and its 50- and 100-day moving averages, while March silver (XAGUSD:CUR) -5...

Gold futures (XAUUSD:CUR) settled -2.3% to $1,908.60/oz. as a jump in U.S. Treasury yields boosted the dollar and triggered a selloff in the yellow metal."Rising long-term Treasury yields are a negative headwind for gold," says Altavest's Michael Armbruster, adding that gold likely will move ...

Gold (XAUUSD:CUR) surges above $1,900/oz. to start the new year, amid a sliding dollar and prospects of tougher COVID-19 restrictions keeps safe-haven bullion in demand; February Comex gold +2.6% to $1,944.80/oz."Since gold reversed course from below $1,900, this is mainly a reflection of a w...

Central bank policy has lost effectiveness. China is in decline regardless of official data. The deflationary forces in the global economy and financial stability risks are too great. Oil remains oversupplied with a risk of increased production either from OPEC or US shale. Pr...

The ETF Bull/Bear Trading model involves 33 member-selected funds traded on the Momentum Gauge® signals. Top results in 2020 resulted from pairing bull fund FNGU +213.6% with bear fund UVXY +181.2% for +394.8% annual returns. Fund selection ranges from 1x no-leverage funds li...

A new gold-stock upleg sure looks to be underway. The major gold stocks have spent the last several weeks carving a new uptrend, as evident in their leading GDX benchmark. This bullish price action came right after a major gold-stock correction climaxing in a capitulation. That forced...

Mining stocks are solid performers today as gold prices (XAUUSD:CUR) rally past $1,900/oz. for the first time in nearly six weeks, alongside a steep decline in the U.S. dollar.February gold +1.8% to $1,893.70/oz., on pace for its highest trade since early November and well above its 50-day mo...

After 4 1/2 months correcting, gold's setting the stage for its next rally. In 2020, gold set new all-time highs in currencies around the world. The recent minor rise in rates is unlikely to last, as the Fed initiates yield curve control. Gold is bottoming, making this a great...