JNUG News and Press, Direxion Daily Junior Gold Miners Index Bull 3X Shares From 06/14/21

There has been ample talk and plenty of anecdotal evidence of inflation this year, none of which has seemed to elicit much of a response from gold…until this month, that is. Market measures of five-year inflation expectations are currently in the 2.5% to 3.0% range, which is in...

Gold formed a double bottom low at the end of March and has advanced in a very persistent narrow volatility range without pausing at any resistance levels. Gold mining equities have recovered similarly to gold bullion from the March lows. Comparing historical inflation expectation...

U.S. weekly jobless claims fell significantly last week. The number of Americans filing new claims fell more than expected last week. Experts attribute this decline in part to the easing of pandemic restrictions with the increasing number of Americans now vaccinated. The relief pa...

Gainers: Breakwave Dry Bulk Shipping ETF (BDRY) +17.0%.Microsectors Gold Miners 3X ETN (GDXU) +11.6%.Junior Gold Mine Bull 2X Direxion (JNUG) +11.1%.ETF Series Solutions Defiance Next Gen H2 ETF (HDRO) +9.52%.Solar Invesco ETF (TAN) +8.2%.Losers: Homebuild & ...

Gold is one of the rare areas enjoying gains so far today, finding some safe-haven appeal amid weak equity markets and inflation concerns.Comex gold (XAUUSD:CUR) +0.9% to $1,885/oz., but silver (XAGUSD:CUR) -1.1% to $28.02/oz.; platinum and palladium also are lower.ETFs: [[GLD]], [[SLV]], [[G...

Gold’s response to changes in U.S. Treasury yields persisted through April, as prices trended to a monthly high of $1,798 per ounce on the 22nd while, at the same time, 10-Year yields fell to a monthly low of 1.53%. To end the month, yields reversed course from their lows and g...

Many people are thinking that last Friday's employment report points to a more accommodative Fed. Perhaps, but only if you think very short term. Many people are thinking that a more accommodative Fed is good news for growth stocks. Sure, but only if you think very short term. ...

Higher lows since March - A breakout in May. Gold is an inflation barometer. The consolidation was healthy. Buying gold on dips has been a winning strategy for over two decades. Gold mining stocks tend to outperform on the upside. Time to get back in GDXJ. For furthe...

There's no sector with a clear breaking-up as the Materials sector these days. Commodity prices are soaring no matter when, or where, or who. Energy, agriculture, metals, construction, chemicals - you name it. If you don't feel the rising costs in your pocket as of yet, it's only a ma...

Gold prices finished lower after U.S. Treasury Secretary Janet Yellen said interest rates may need to "rise a little bit to make sure our economy doesn't overheat."Her comments contrast with Federal Reserve Chairman Jerome Powell's insistence that the central bank will is not considering rais...