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Posts related to ‘GDX’

Gold and Silver

Did the Price of Gold Just Form a Bottom? Silver, the Devil’s Metal, Too?

It was looking this morning as though gold could be ready test even new lower lows based on the trading tape action of late. Suddenly, a 2% gain in the ...
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gold bars nuggets

Gold Concern: Miners Lagging Price of Gold Metal on Upside

The news flow over the weekend and on Monday helped to drive the price of gold higher after one monster sell-off this year. Reports of spot gold shortages and premiums ...
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underground mining

Wall Street Analysts Defend Gold Miners

It is no secret that the gold bugs got squashed, but Wall St. analysts are starting to have something different to say. The price of gold broke from a peak ...
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underground mining

Another Gold Mine Strike, More Woes for Gold (GFI, GDX)

Mining for gold and other metals is a messy business. In some cases, the public might just want to think of it like boudin because no one wants to know ...
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Gold bars

Gold ETFs Dumping the Yellow Metal

Last year marked the twelfth consecutive year for rising gold prices. But that could be the end of the yellow metals string. Since the beginning of the year, gold ETFs ...
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underground mining

Major Gold Miners Strike New 52-Week Lows (GDX, NEM, AU, ABX, GG)

This will not sound nice, but it isn't meant to: It really sucks to be a gold miner right now. Gold prices have lost the wind at their back, gold ...
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underground mining

Metals Stocks: Questionable Value for Rest of 2013 (GLD, SLV, GDX, GDXJ, SIL, ABX, GG, KGC, NEM, AUY, FCX, SLW, CDE, SWC)

There are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one, exchange traded products (ETFs) are another, and a third is ...
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gold bars nuggets

After the World Gold Council Outlook, a Reconsideration of Gold (and Silver)

The World Gold Council has issued its new report for 2013 and reviewing 2012 on gold, and it offers some great and perhaps stunning insight if you read through the reports ...
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Gold and Silver

World Central Banks Want Their Gold at Home — Should Investors? (GLD, GDX)

In an effort to meet their rising debt obligations, central banks around the globe have been printing money at a frantic pace. This phenomena is also leading to a global battle ...
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underground mining

Deutsche Bank Cuts 2013/2014 Price Targets for Gold and Silver

Deutsche Bank A.G. (NYSE: DB) has joined a growing list of investment banks cutting their forecasts on precious metals for 2013 and 2014. By cutting their estimates for gold and ...
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Gold and Silver

Gold and Silver: Look for Another Great Year in 2013

Gold futures closed at around $1,676 an ounce in 2012, about 7% higher than the $1,565 or so the yellow metal fetched at the beginning of the year. Forecasts for ...
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Gold and Silver

2013 Outlook for Gold and Silver: Risk in Gold, the Devil’s Metal Shines

Gold futures closed below $1,650 an ounce on the Comex last night, sharply lower than the $1,700 or so the yellow metal fetched at the beginning of December 2011, but ...
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gold bars nuggets

The Key Gold Trade for 2013, Pairing Gold Against Miners

Any Wall St. pundit will tell you that the overprinting of money is a train wreck waiting to happen. The Federal Reserve balance sheet sits at almost three trillion dollars after ...
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Gold bars

Fiscal Cliffhanger for Gold and Silver

There are two schools of thought regarding the reaction of precious metals to the eventual resolution (or non-resolution) of the current negotiations on the U.S. fiscal cliff. If the two ...
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World Gold Demand Lower in Q3, ETFs and India Saved Gold

If you have been watching the price of gold in recent months the big assumption would be that global gold demand is through the roof. It isn't. The World Gold ...
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