GDXX News and Press, ProShares Ultra Gold Miners From 03/19/20

The 2008 financial crisis in the US and around the world was a period where the housing and mortgage-backed securities meltdown and European sovereign debt crisis caused investors and traders to scurry to the sidelines as prices fell precipitously. The prices of almost all markets across all a...

Everybody is blaming coronavirus for the collapsing financial markets. This is not the reason. The reason is the reckless Federal Reserve. Imagine a situation when an individual has AIDS and he/she dies from a light cold. It is not the cold that killed the person. It is AIDS that caused the ...

US economic growth caused the Federal Reserve to tighten credit from December 2015 until mid-2019. Last year, the trade war between the US and China and a sharp correction in US stocks and other markets in the final quarter of 2018 caused the Fed to pivot to a policy of monetary policy easing....

Gold investors need to be prepared for this upcoming week as it has the potential to change gold market sentiment significantly. Source: US Global Investors While we were writing this article, the Federal Reserve made an emergency rate cut and introduced QE5 to try and add liquidity to...

On Sunday night, March 8, when all hell was breaking loose in markets across all asset classes, a flight to quality wave took the price of two assets higher. US bonds rose along with the price of gold. Gold broke out to the upside in June 2019 when it rose above the July 2016 high and level of...

By Leigh Bowden Since their recent peaks, this is the performance of the following assets: S&P -27% [[TLT]] -13% Gold -8% Silver -21% [[GDX]] -31% [[SILJ]] -54% Several quick observations here. First, it is clear that the metals and miners have been tracking stocks la...

With the major gold miners' stocks getting bludgeoned, smart contrarian traders are salivating at coming great buy-low opportunities! With the COVID-19 pandemic's extreme fear terrifying the markets, it's very important to stay grounded in the gold stocks' underlying fundamentals. Just this we...

At the turn of this century, the price of gold was fighting to remain above the $250 per ounce level. The Bank of England, in its infinite wisdom, decided to sell half of its gold reserves in the late 1990s, declaring the yellow metal a barbarous relic of the past. Most central banks employ th...

OIS Can Be A Slow Gainer The oilfield services industry is going through a bloodbath as energy demand forecasts are moving south while the production is slated to flood the market in the short term. In the current dynamics, Oil States International ( OIS ), apart from the commercialization...

Eldorado Gold ( EGO ) released its guidance for 2020 on the 20th February. I analyse the guidance below. My conclusion is that the company is still substantially undervalued. The company operates gold mines in Turkey, Greece and Canada. They also have undeveloped assets in Brazil, Romania an...