UGLD News and Press, VelocityShares 3x Long Gold ETN Linked to the S&P GSCI® Gold Index ER From 07/06/20

Editor's note: Seeking Alpha is proud to welcome Mercury Research as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA PREMIUM. Click here to find out more » Introduction ...

Economic Backdrop The precious metals miners took a beating when COVID first reared its ugly head in the US in March. News of mine closures and restrictive measures throughout the mining supply chain, not to mention a disastrous fall in travel, had adversely affected mining operations. Falli...

Gold closed the week at US$1,770 almost US$20 higher than at the closing price on June 19th. The bulls not only pushed prices to a new eight-year high at US$1,780 but have once again responded with great strength to a bearish attack on Friday. Every dip, no matter how small, is bought immediat...

The problem with investing in gold is that it lacks a measurable value. Unlike stocks, gold lacks future free cash flows to discount into the present day. Gold is not a productive asset. What's an ounce of gold really worth? It is clear that gold has value. Its price fluctuates daily and t...

If everybody indexed, the only word you could use is chaos, catastrophe… The markets would fail." - John Bogle, May 2017 I will go to my grave... believing that really loose monetary policy greatly contributed to the Financial Crisis. There were obviously problems with regulatio...

Rising economic and political uncertainty has boosted everyone's favorite precious metal in 2020. An ounce of gold was priced at just over $1,781 on Thursday (June 29), the highest since 2012, based on the continuous contract reported by StockCharts.com. Year to date, gold is up 17% vs. a 5....

Up a bit more than 1%  today, gold ( XAUUSD:CUR ) is changing hands at a few cents over $1.8K per ounce. More news on: Gold Spot Price, SPDR Gold Trust ETF, iShares Gold Trust ETF, Commodities news, Stocks on the move, News on ETFs, Read more ...

There Are Decades Where Nothing Happens; And There Are Weeks Where Decades happen Vladimir Ilyich Lenin The land of no fundamentals Fundamentals do not seem to matter anymore. At least not as much as they used to. From employment, PMI, GDP, consumer spending to corporate profits,...

In simplistic terms, a 'black swan' event occurs when everyone is looking to their left, but then get hit from the right. Over my investing career, I've witnessed three black swan events: 1) In 1999, most investors thought the Internet had created a new paradigm for revenue-less companies....

I alerted subscribers of my marketplace service The Naked Charts that gold was close to breaking out higher on June 18. At that time, XAU/USD ( GLD ) was trading at $1,726. The breakout has since materialised and XAU/USD is now trading close to $1,770. My suggested choice of poison to take a...