GDXS News and Press, ProShares UltraShort Gold Miners From 01/05/20

What is truly interesting to me is that many do not realize that [[GDX]] has outperformed the SPX during 2019, as it closed the year with a return of almost 40%. And, yes, we caught that rally in 2019. Moreover, it was due to the performance of bonds and the metals complex that we were able to...

The other night, one of the "Austin Powers" movies was on the tube. Mike Meyers is a comedic genius, and the highly successful sophomoric comedy trilogy grossed almost $1 billion at the box office. Austin Powers is a parody of the James Bond films of the 1960s and 1970s. In the final movie, Go...

The gold miners’ stocks have suffered a lackluster few months. That’s a disheartening contrast to their powerful summer upleg on gold’s bull-market breakout. While this healthy gold-stock correction likely isn’t over yet, the gold miners remain very undervalued rela...

After steadily rising for the last two months, the major North American gold mining stocks have reached a critical juncture. The benchmark PHLX Gold/Silver Index (XAU) has recovered nearly all of its losses from the September-October decline, but a subdued gold market and competition from the ...

Last Friday, the price of gold was sitting around the $1479 per ounce level on the active month February futures contract on the COMEX division of the CME. Gold was a star-performer in 2019, and the price is on track to post a double-digit percentage gain on the year. Gold took off on the up...

The gold miners’ stocks have largely been consolidating high following last summer’s powerful upleg. That resilience has left sentiment relatively bullish, with traders mostly expecting this sector to soon start surging again. But the jury is still out on whether gold stocks will...

Precious metals miners ( GDX -1.7% ) are shunned in today's broad-based stock market rally, as stronger than expected U.S. jobs data alleviates economic concerns that had sparked safe-haven demand for gold and silver. More news on: VanEck Vectors Gold Miners ETF, SPDR Gold Trust ETF, B...

On December 3, the price of nearby March COMEX silver futures was trading at $17.215 per ounce, above the midpoint of its 2019 trading range. The prices of lead and zinc were waiting for the next shoe to drop in the trade war between the US and China. When it comes to the base metals that trad...

Back in May, I was suggesting to my subscribers that we are likely bottoming and getting ready for the next rally in the metals complex. Then, in early June, I penned a public article entitled “ Strap Yourselves In - Gold May Take Off Like A Rocketship.” Then, in mid-August, I...

When I started in the gold business in the early 1980s, South Africa was the world's leading producer of the yellow metal. Over the past four decades, the world has changed dramatically. So has the process of extracting precious metals from the crust of the earth. Today, China is the leading...