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UGLDF News and Press, VS 3X GOLD From 09/01/20

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Company Name: VS 3X GOLD
Stock Symbol: UGLDF
Market: OTC

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UGLDF - The Perfect Economic Storm To Stack Up On Gold

Recently, gold has seen a lot of movements and volatility. With its price is about to return to the level of $2,000, could it be the right time to take profit now, or is it better to wait until it records a new high? If I were you, I would simply buy-and-hold and completely ignore the negligib...

UGLDF - $16B Ohio Police & Fire pension fund buying gold

Following the advice of consultant Wilshire Associates, the Ohio Police & Fire Pension Fund - currently with $15.7B in AUM - will invest 5% of its assets in gold ( XAUUSD:CUR ) . There's no move from other assets - instead the fund will take leverage up to 25% from 20%. More news on...

UGLDF - Whipsaw action in gold resolves to the upside, with $2K again in sight

Gold ( XAUUSD:CUR ) had a wild ride yesterday in wake of Fed Chair Jay Powell's Jackson Hole speech, at which he said the central bank would have no issue with inflation topping the 2% target. Investors initially bought the news, sending the metal all the way up to $1,960 per ounce, before...

UGLDF - Fair Value Of Gold 2020

In a recent article , I have explained that throughout the history of the rise and fall of civilization, gold has never failed to preserve its value while none of the non-backed paper money has survived until the end. I still hold the point of view that the yellow metal is the best investment...

UGLDF - Gold a bigger bubble than tech, asset manager says

Gold's meteoric rise this year has a rare skeptic in Carillon Tower Advisers portfolio specialist Matt Orton, who says excitement around the metal has made it a bigger bubble than tech stocks . More news on: Gold Spot Price, SPDR Gold Trust ETF, iShares Gold Trust ETF, Commodities news, N...

UGLDF - Gold sharply lower, dollar gains strength after FOMC minutes surprise

Gold ( XAUUSD:CUR ) and silver ( XAGUSD:CUR ) bulls waiting for a dip might have their opportunity after just-released FOMC minutes (late-July meeting) say the central bankers were surprised by the strength in household spending in wake of the economic crash . More news on: Invesco DB...

UGLDF - CME reportedly raises gold, silver futures margins

Exchange operator CME Group (NASDAQ: CME ) reportedly is raising Comex gold futures initial margins by 6.9% to $10,320 per contract from $9,750 previously. More news on: CME Group Inc., SPDR Gold Trust ETF, iShares Silver Trust ETF, Commodities news, News on ETFs, Read more ...

UGLDF - Gold futures hit with biggest daily dollar decline in more than seven years

In what felt like " a mini-crash ," gold ( XAUUSD:CUR ) plunged 4.6% to settle at $1,946.30/oz. for its steepest one-day dollar decline since April 15, 2013, and biggest percentage slide since March 13 , based on the most-active contracts. More news on: Gold Spot Price, SPDR Gold Trus...

UGLDF - How do gold and silver compare as investments?

The gold trade may be the new tech trade , according to Mohamed El-Erian, and one does not need to look further than the precious metals rally that has ensued since the beginning of 2020. More news on: SPDR Gold Trust ETF, iShares Silver Trust ETF, iShares Gold Trust ETF, Commodities news...

UGLDF - Gold surges to new record, blows past $2,000 per ounce

The precious metals rally gathered pace overnight as spot gold ( XAUUSD:CUR ) rose as much as 0.6% to a record $2,031.14 per ounce, while futures traded as high as $2,048.60 on the Comex. Spot silver ( XAGUSD:CUR ) advanced as much as 1.3% to $26.3473 an ounce. More news on: Gold S...

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