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

Gold prices jump to their highest level in nearly 10 months , lifted by safe-haven buying as investors monitored continuing trade talks and political uncertainty in Europe. More news on: Barrick Gold Corporation, Newmont Mining Corporation (Holding Company), Goldcorp Inc., Commodities new...

Note: This was originally published on February 16th for subscribers to The Market Pinball Wizard: There is an old Yiddish expression called a bubbe meise (pronounced my-seh). I guess the closest English interpretation of this expression would be a grandmother’s tale, or in the comm...

Gold traded down to just above the $1160 level in mid-August when the dollar index hit a new high. Since then, the yellow metal has been making higher lows and higher highs despite volatility in markets that could have weighed on its price. During the fourth quarter of last year, a period of r...

The world's two biggest gold miners announced mega-mergers over the past five months or so. These huge deals briefly garnered some interest in the usually forgotten gold-stock sector, and fleeting praise from Wall Street analysts. But gold-stock mega-mergers are bad news for gold-miner shareho...

Legendary gold mine investor Pierre Lassonde appears for the first time on the radio program this week. Pierre is known for his leadership as an innovative mining executive and founder of the largest natural resources royal company, Franco-Nevada Corp. ([[FNV]]). In 1985, Franco-Nevada acqui...

The fortieth anniversary of the pan-European currency is only weeks away. On March 13, 1979, the European Monetary System ((EMS)) with its Exchange Rate Mechanism at the time, the ECU was born. After many rounds of tough negotiations and opposition from the United Kingdom, the Maastricht Treat...

The gold market has been moving higher since reaching a low at $1161.70 in mid-August. The yellow metal moved above the $1300 per ounce level in early 2019, and after a brief correction that took the price of April futures to a low at $1281.50 on January 24, the price quickly turned higher and...

I am often asked by many to see the type of analysis I provide to our members of the Market Pinball Wizard. So, rather than write a separate public article on metals this week, I am going to re-publish my analysis posted to my members over the past weekend. However, I am leaving the charts out...

Gold is a unique asset. As a metal that comes from the crust of the earth, gold has properties that make it a required ingredient in a variety of industrial products. The precious metal is one of the densest metals of all, and it is an excellent conductor of both heat and electricity. Gold is ...

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...