GDXX News and Press, ProShares Ultra Gold Miners From 02/01/20

Silver has been volatile in 2020 as the precious metal has traded in a range from $17.28 to $18.895 on the nearby March futures contract since the end of last year. Like gold, silver is money and one of the oldest means of exchange in the world. Gold has been attracting buying during the lates...

By Pater Tenebrarum An Unloved Sector We rarely discuss individual stocks in these pages, but we make an exception now and then when we spot exceptional opportunities. This time the reason is actually more mundane: the vast majority of gold exploration stocks failed to benefit from...

Originally published January 26, 2020 "Miss the boat? The move in the precious metals sector is just getting started" - Arcadia Economics The charts on the mining stocks I follow in my Mining Stock Journal are all starting to look very bullish. Many have pulled back this month after ...

In 1980, the price of gold rose to a high of $875 per ounce on the nearby NYMEX futures contract. The yellow metal did not return to that level for twenty-seven years. In 2008, after reaching a new high at over $1000 per ounce, the price slipped back to a low of $681 during the risk-off period...

The bull market in gold and silver began in the early 2000s. After rising to highs of $1920.70 and $49.82 in 2011, both precious metals pulled back to lows of $1046.20 and $13.635 in December 2015. Gold and silver have been consolidating since reaching those lows. In June 2019, gold broke ou...

Editor's note: Originally published at tsi-blog.com on Jan. 21, 2020. Do gold mining stocks, as represented by the Barron's Gold Mining Index ((BGMI)) or the XAU or the HUI, lead gold bullion at significant turning points? According to many analysts, the answer is a resounding "yes"....

The gold miners’ stocks are wavering, frustrating traders. For the better part of a half-year, this sector has neither broken out nor broken down. Instead it has mostly ground sideways since the last upleg’s peak. Gold stocks being mired in a consolidation so long, even a relativ...

No one interested in current income buys gold mining stocks, because those stocks are traditionally all about capital gains. As "leveraged plays on the price of gold," the miners work this way. Let's say gold is $1,000 per ounce and a hypothetical miner produces a million ounces annually, ek...

Agnico Eagle Mines (NYSE: AEM ), Newmont (NYSE: NEM ) and Endeavour Mining ( OTCQX:EDVMF ) are this year's top picks among precious metals miners at Credit Suisse, as the trio is poised to generate significant free cash flow and return capital to shareholders while having lower financial a...

Nearby gold futures on the COMEX division of the CME closed at $1523.10 per ounce on December 31. The yellow metal was 3.92% higher in the fourth quarter and moved 18.87% to the upside in 2019. In June, when the US Fed told markets that short-term interest rates would decline by the end of the...