Direxion Daily Jr Gld Mnrs Bear 3X ETF News

$3.98
-0.0600 (-1.49%)
At Close: Apr 29, 2024

Anglo Ashanti And Risk-Off Conditions

11:00am, Tuesday, 03'rd Mar 2020
Gold joins risk-off, and mining stocks do worse. Anglo Ashanti is a global producer. The prospects for gold. AU shares are not expensive. Levels to watch in AU
Gold prices attempt to recover from their biggest daily decline since June 2013, as gold (NYSEARCA:GLD) apparently became the asset of choice for investors seeking to liquidate positions to meet margi
Excellon Resources acquired Otis Gold last week, representing the first takeover in the junior mining space for 2020. The company paid $15.12/oz for Otis Gold's
Risk-off rocket fuel for the yellow metal turns into a dud. Gold stops just below the $1700 level and tanks. Stocks have the worst week in years. Junior gold mi
Gainers: VS 2X VIX Short Term (NASDAQ:TVIX) +123.3%.Ultra VIX Short-Term Fut Proshares (NYSEARCA:UVXY) +85.7%.Direxion Junior Gold Mine Bear 3X (NYSEARCA:JDST) +75.4%.Direxion S&P Oil & Gas Ex
Even gold (NYSEARCA:GLD) is not a safeguard from collapsing equity markets today, as futures are poised for their biggest one-day percentage decline since at least November 2016.April Comex gold -3.3%

The Fed's Bias Is To Lower Rates If Necessary

11:30am, Thursday, 27'th Feb 2020
The latest Fed minutes gave a clue. In an election rate, the central bank will attempt to remain on the sidelines. Bonds explode on risk-off action in markets.

The U.S. Dollar And Swiss Franc Are Next

11:00am, Tuesday, 25'th Feb 2020
Gold broke out in dollar terms in June 2019. Gold in pounds and euro rose to record levels. Gold in yen and other currencies keeps making new highs. Two currenc
Gold marches to seven-year highs, as the spread of the coronavirus to Italy and other parts of the globe injects nervousness into the markets and prompts a flight to safe-haven assets.Comex gold (NYSE

A New Record High In Gold Is On The Horizon

11:00am, Sunday, 23'rd Feb 2020
The price of gold continues to climb. Open interest declined during the correction. Central banks keep buying. Rates are low. A pattern of higher lows and highe
Gainers: Direxion Junior Gold Mine Bull 3X (NYSEARCA:JNUG) +29.9%.Gold Miners Bull 3X Direxion ETF (NYSEARCA:NUGT) +25.4%.VS 2X VIX Short Term (NASDAQ:TVIX) +17.0%.VS 3X Silver (NASDAQ:USLV) +15.
Mineral rights in Brazil. Brazil is the world’s 11th leading producer of the yellow metal. A conversation with the CEO. A highly speculative stock - risk/reward
Gold broke out again in 2019 and made a higher high in 2020. The latest correction was revealing. Technical metrics are just above neutral readings on the short

The Silver/Gold Ratio

11:00am, Wednesday, 12'th Feb 2020
The relationship remains near the high. A bullish trend in gold. Silver is all about sentiment. Three reasons for a higher silver price. USLV on dips.
Gold broke out in 2019. The next leg in a long-term bull market. A commentary on currency values and central bank monetary policy. $2000 gold or higher is likel
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