JNUG News and Press, Direxion Daily Junior Gold Miners Index Bull 3X Shares From 08/26/21

A metals bull is sounding an alarm for a potentially bearish decline. We currently have a setup developing that can provide a big hit to the metals market. I outline the parameters for this potential decline below. For further details see: Sentiment Speaks: Dangerous Pos...

Numerous multi-decade extremes support a bearish conclusion for U.S. equities. The media has featured numerous articles about how there has been a rotation among equity sectors. The assumption which underlies almost all of these analyses is that we are in a bull market and that the se...

Gold (XAUUSD:CUR) (NYSEARCA:GLD) closed out the week slightly higher after a midweek pop on a dovish Fed faded at the end. Spot gold rose above $1,830 Thursday after Fed chief Jerome Powell assured markets that there was a lot of work to do before tapering of asset purchases could start ...

Gold demand (excluding OTC) for Q2 was virtually in line with Q2 2020 at 955.1t (-1%). Jewellery demand saw a second consecutive quarter of strong y-o-y growth, bolstered by global economic recovery and improving sentiment after the extreme difficulties of 2020. Q2 investment of 2...

Gold maintains its methodical rise, reaching its highest settlement since mid-June alongside declines in the U.S. dollar and Treasury yields.August gold (XAUUSD:CUR) settled +0.8% to $1,825/oz., the highest for the most-active contract settlement since June 16, and held onto gains shortly aft...

Gold succumbed to dollar strength, falling 5.1% over the same three-day period, and trading below multiple technical support levels. Sector fundamentals could also be an important driving factor. More persistent and higher inflation would offset the effect of any rise in rates, ca...

Gold futures (XAUUSD:CUR) settled -1% to $1,763.60/oz. after declining as much as 1.7% to $1,749.50, the lowest since April 15, hurt by a stronger dollar in the run-up to this week's U.S. jobs report, which is widely expected to come in strong and could support the Federal Reserve's recent ha...

Gainers: Microsectors Gold Miners 3X Inverse ETN (GDXD) +37.5%.Microsectors 3X Inverse U.S. Big Banks ETN (BNKD) +26.6%.Gold Miners Bear 2X Direxion (DUST) +24.6%.Junior Gold Mine Bear 3X Direxion (JDST) +23.6%.Financial Bear 3X Direxion (FAZ) +20.0%.Losers: ...

The global commodities complex continued to receive strong investor support over the past month as the world economy entered unfamiliar territory. All forms of transportation are experiencing delays (some intermittently), including ocean freight, air freight, trucking and rail. Ri...

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...