GDXS News and Press, ProShares UltraShort Gold Miners From 08/24/19

The first mention of gold in the old testament of the Bible comes from Genesis, "And the gold of that land is good; bdellium and onyx stone are there. The Bible, old and new testaments, mention gold hundreds of times. In Job 28, the Apostle Peter said ones' faith is "of greater value than gold...

In the 1980s, when I traveled behind the iron curtain or to developing countries around the world, this boy from Brooklyn learned the power of the US dollar. A mentor taught me that before venturing outside of the United States to some of the more challenging parts of the world in those days, ...

I have been involved in markets since the early 1980s, and until the aftermath of the global financial crisis in 2008, had never even considered negative interest rates. As a commodities trader, I am well-accustomed to markets that move to backwardation. When deferred prices are lower than nea...

The major gold miners’ stocks have soared in recent months, fueled by gold’s decisive breakout to new bull market highs. Nothing motivates traders like performance, so interest in this long-neglected sector has exploded. While gold stocks’ technicals and sentiment have gre...

Gold is shining as an asset these days since the luster returned in June. After trading in a range since 2014, the price of gold experienced a technical break to the upside in June. Many fundamental factors support higher gold prices these days. Lower interest rates in the US and around the wo...

Last year at this time, the US Fed was still on a path of increasing short-term interest rates and reducing its swollen balance sheet. The period of tightening began in December 2015 when the Fed Funds rate lifted off from zero percent. The Fed then rolled out a rote program to reduce the lega...

My introduction to working in the commodities market came during the summer of 1977, when I worked delivering telex messages at the leading raw materials trading company in the world. In the days before email and computers, telexes or cables connected the traders and traffic clerks with counte...

In 1964 I was five years old. During that year, the third in a long series of James Bond movies came out. "Goldfinger" turned out to be the first Bond blockbuster at the box office, and it remains a classic today. James Bond's foil in the film is Auric Goldfinger. The villain planned to rob ...

Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up Frank Holmes of US Global Investors joins me to talk about gold, the key driver that will likely take it higher and why we need to be paying more attention to the trendlines than the headlines. Don't miss another great...

The gold miners’ stocks have surged dramatically this summer, catapulted higher by gold’s major bull-market breakout. That atypical strength bucking the normal summer-doldrums slump has carried this sector right back to its traditional strong season. That begins with a robust aut...