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VanEck Vectors Junior Gold Miners ETF News

$46.35
+2.07 (+4.67%)
At Close: May 17, 2024
Although gold prices reached historic highs this summer, we still see some potential drivers that could move prices even higher.
Recently, the Federal Reserve confirmed a widely expected shift in monetary policy that will result in near-zero interest rates for the foreseeable future.
After hitting its lows on March 13th, 2020, the VanEck Vectors Junior Gold Miners ETF (NYSEARCA: GDXJ) has generated an incredible rally of more than 200%.

The United States Is Going Into Hyperinflation

11:54pm, Friday, 28'th Aug 2020
Deficit to outlay ratio tops 60%, above the hyperinflationary threshold of 40%. Q2 2020 GDP shrank 31.7%, but will improve in Q3 2020.

2020 Retreat, 2021 Rebound

05:59am, Monday, 24'th Aug 2020
Three key leading indicators completed major reversals during the past week. Breadth is deteriorating with fewer and fewer shares achieving new all-time zeniths.

Gold Mid-Tiers' Q2 2020 Fundamentals

04:35am, Saturday, 22'nd Aug 2020
The mid-tier gold miners reported outstanding Q2 results. While COVID-19 lockdowns did affect their operations, their output shrinkage was much smaller than their larger peers'.
The news that Warren Buffet took a stake in Barrick Gold stimulated animal spirits in the precious sector on Monday.
Warren Buffett’s negative stance on the precious metals space has been well-documented throughout his monumental career as one of the world’s greatest investors.
A correction after a bearish reversal. The reasons for higher prices are still compelling.
Gold's latest pullback was a response to recent U.S. economic recovery.

Gold Miners In A Gold Bull Market

02:35pm, Saturday, 15'th Aug 2020
The performance that we're seeing this year - gold is up something like 20 plus percent, and the stocks are up over 40 percent - it's exactly the kind of performance we would expect in this environmen
The rise of no-commission, simple-to-use, brokerage platforms could have an enormous impact on the much more thinly traded precious metals equities.
While we advocate holding some physical gold, it has been mining stocks that have generated the best gains in 2020.

NovaGold: Investing In Gold That Is Pre-Buried

01:57pm, Monday, 27'th Jul 2020
Gold is considered a hedge against currency risk. NovaGold is a long term leveraged gold investment that has an undeveloped high grade asset in Alaska.

Investing In Gold: What, Why, And How

06:21pm, Friday, 24'th Jul 2020
Gold has been on a tear and its momentum is likely to continue. It is an excellent safe haven store of value and diversifier of stock market risk.
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