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Direxion Daily Jr Gld Mnrs Bull 3X ETF News

$36.27
+0.570 (+1.60%)
At Close: May 01, 2024

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.

Gold: An Excellent Chance To Buy

12:20pm, Friday, 21'st Aug 2020
The pandemic crisis has caused great distress around the world, but it has also offered traders a golden opportunity to make significant profits and build a portfolio.
The news that Warren Buffet took a stake in Barrick Gold stimulated animal spirits in the precious sector on Monday.
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.

Silver Is The Canary In The Gold Mine

12:24pm, Friday, 24'th Jul 2020
So far, the market has been in an uptrend, so any supply that's being offered is being taken by strong buying. Gold sector is extremely flexible.
Gold prices recently reached the $1,800 level for the first time since 2011. The Direxion Daily Junior Gold Miners Index Bull (NYSE:JNUG) is up 278% since the stock market bottomed on March 23, but th
Alaska is a major gold-producing state so it benefits investors to understand the companies that operate there.

Gold Miners The Only Action In Town: Pal

12:48am, Saturday, 18'th Jul 2020
An odd flatness has characterized the market for the past month as markets hold steady and not much is moving.

Most Successful ETF Launches of Second Quarter

06:30pm, Monday, 29'th Jun 2020
Inside the key ETF launches of the second quarter of 2020
We discuss the junior mining finance space with Kai Hoffmann, whose company Oreninc tracks the sector for investors. As money comes back into the junior mining
Recent changes in the macroeconomic and geopolitical environments have made both bullion and precious metals equities more attractive in the eyes of many invest

Gold Will Feed Off Renewed COVID Fears

08:18am, Tuesday, 23'rd Jun 2020
The yellow metal is strengthening again as virus-related fears increase. Even with competition from equities, investors have refused to sell gold. Gold mining s
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