DUST News and Press, Direxion Daily Gold Miners Index Bear 3X Shares From 02/01/19

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. Where does the decay come from? Most of the time, a leveraged ETF does worse than the underlying asset leveraged by the same factor. This relativ...

When it comes to the national debt, it amazes me how the debt is such an important Presidential campaign issue to criticize the past President while running for office, but once the incumbent takes the reins, Congress and special interest groups take over and get to work spending every dime an...

There has been no trade more frustrating than the metals complex for the last several years. In fact, I cannot remember the last time I had to wait so long for a pullback to complete. So, while I have been waiting, I have been getting quite hungry. So, can anyone recommend a good place to get ...

"The economic and financial condition of the U.S. and global economy is similar to that of 2008, although I think now it's a lot worse than it was back then... the 'gravity' of true fundamentals has finally gotten ahold of stocks..." Fundamentals ultimately drive value. In terms of the funda...

This post is divided into 2 parts: Part 1 - Gold The 2 charts below sum up my positive view on gold. The first is the long-term chart of US nominal GDP growth. US Nominal GDP As you can see, nominal US GDP has been slowly falling since its post world war peak in 1973. The second is rea...

The price of gold reached its all-time peak in 2011 at $1920.70 per ounce. A series of lower highs and lower lows led to a bottom in December 2015 at $1046.20 when the US Federal reserve shifted from a prolonged period of accommodation to tightening credit. The bounce from the low led to a r...

The gold miners' stocks have slumped in January, tilting sentiment back to bearish. This sector's strong December upward momentum was checked by gold's own upleg stalling out. Gold investment demand growth slowed on the blistering stock market rally. But uplegs always ebb and flow, and this yo...

Copper is a bellwether commodity, and while many market participants never take a long or short position in the red metal, most watch the price of copper. Copper is a barometer for the economic wellbeing of the global economy. The base metal is also the leader of the nonferrous sector of the c...

The Newmont ([[NEM]])/Goldcorp ([[GG]]) merger is the second mega-deal in the industry after Barrick ([[GOLD]]) acquired RandGold in September. Without question, the two deals reflect the growing need for large gold and silver mining companies to replace reserves, which are being depleted at t...

The gold mining sector is a highly fragmented industry. There are many players that churn out production of the precious metal — from tiny, 50,000 ounce per annum miners, to multi-million ounce producers. The sector, though, is now seeing some aggressive consolidation among the large ...