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Posts related to ‘GDX’

Gold Miners’ Lower as Dollar Rises on Stronger Jobs Numbers

Posted: November 2, 2012 at 12:11 pm

Gold prices are down nearly 2% today and gold mining stocks are taking their lumps right along with the yellow metal. Today’s U.S. jobs report has pumped some air into ...
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Gold Miners’ Outlook Weakens on Higher Costs, Stagnant Prices

Posted: November 1, 2012 at 1:03 pm

Gold miners have been hit hard in the past 12 months by falling prices for the yellow metal and by higher mining costs. Over the course of the past year, ...
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Gold Fields Sequential and Annual Gold Production Declines

Posted: October 12, 2012 at 10:38 am

Gold Fields Ltd. (NYSE: GFI) is so far managing to buck the news as its shares are up slightly. The problem is that the news around its forward guidance is ...
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Metals Ignoring Japanese QE and Not Considering Future U.K. QE

Posted: September 19, 2012 at 9:37 am

Gold had hit yet a new six-month high of $1,779.10 per ounce in early bird trading today after the Bank of Japan decided to ease via an expanded asset purchase ...
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QE3 Brings More Reward For Miners Than For Gold & Silver

Posted: September 13, 2012 at 1:51 pm

The announcement of QE3 is not bringing a "sell the news" reaction at all when it comes to the metals market. Gold is surging, but The Devil's Metal of silver is ...
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Gold Bugs Better Consider S&P Gold Miner Profitability Warning Report

Posted: September 11, 2012 at 11:03 am

If you were told that gold miners were highly dependent on gold prices, you would probably respond immediately with a phrase that starts with "No" and ends with "Sherlock." This ...
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Platinum Mining Strikes Spread to Gold, Silver Remains Wild Card

Posted: September 10, 2012 at 11:27 am

Gold bugs are finding a mixed reception today, but there is some concerning news out of South Africa that may resemble a bit of the same concern after deadly police ...
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Silver & Gold ETFs Getting Overbought… And May Stay That Way (GLD, SGOL, PHYS, SLV, SIVR, GDX, SIL)

Posted: September 7, 2012 at 11:28 am

Quantitative easing is back on the table and back in traders' pockets.  Forget about what Ben Bernanke said at Jackson Hole about vigilance.  This is after Mario Draghi's bond buying news ...
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Gold Demand Drops in Q2 (GLD, IAU, GDX, GDXJ)

Posted: August 16, 2012 at 7:37 am

Compared with the second quarter of 2011, demand for gold fell 7% by a total of nearly 76 metric tons, to 990 metric tons, in the second quarter of 2012, ...
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Greenlight, Einhorn Add Health Care; Dump Dell, RIM (AET, CI, CVH, UNH, WLP, DELL, RIMM, MSFT, GDXJ, GDX)

Posted: August 15, 2012 at 7:34 am

David Einhorn and his hedge fund Greenlight Capital reported some changes to the fund’s portfolio last night. The fund added significant holdings in several health care stocks and eliminated a ...
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Stronger Dollar Pushes Down Gold, Silver, and Crude (GLD, GDX, SLV, SIL, USO, OIH)

Posted: August 13, 2012 at 11:16 am

Futures prices for gold, silver, and WTI crude are all lower today as the dollar gains strength against the euro. Oddly enough, the dollar index versus a basket of currencies ...
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More Trouble for Gold Miners, with Some Exceptions

Posted: July 27, 2012 at 10:01 am

Newmont Mining Corp. (NYSE: NEM) is supposed to be one of the biggest and best gold miners out there. Its high dividend is a testament to that. The problem is that ...
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Gold Miners’ Outlook Fades on Higher Costs, Lower Prices

Posted: July 25, 2012 at 11:31 am

Gold miner Barrick Gold Corp. (NYSE: ABX) introduces a new CEO tomorrow at its quarterly earnings show. The consensus estimate from Thomson Reuters calls for EPS of $0.95 on revenue ...
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It Stinks To Be A Gold Miner (GG, GDX, ABX, NEM, AU, GLD)

Posted: July 11, 2012 at 10:37 am

It is often a wonder why some investors would want to own a gold mining stock if they want to invest in the upside of gold.  The rewards can be ...
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Gold, Oil Rising on Weak Dollar — and Something Else (USO, UGA, GLD, IAU, GDXJ, GDX)

Posted: June 29, 2012 at 1:34 pm

We’ve already posted our opinions on the agreement which is expected to create a TARP-style program to prop up Europe’s weak banks. In our view, the proposal is not big ...
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