Commodity Trade Mantra

Posts Tagged ‘GDX’

Gold and Silver Ignore Correction Calls - Precious Metals

Gold and silver are in a new bull market. While it is very difficult to buy into a market that has already gained substantially, history argues that the larger risk is staying out of that market especially if it only recently made a major bottom. The epic “forever” bear market of 2011-2015 lingers in the minds of many and that is why it is so difficult to believe the recent strength can continue.

Gold Stocks Are Screaming Buy Right Now

Gold stocks offer leverage to the price of gold. A 10% jump in the price of gold can cause gold stocks to surge 20%…30%…or even 50%. GDX, which tracks large gold stocks, is already up 48% this year. And we think this rally is just getting started. Opportunities like this don’t come around often. Once gold stocks take off, we probably won’t get another chance this good for at least five years.

60% Gains in 2 Months & Gold Stocks Are Just Getting Started

We’re not ready to call the bottom in mining stocks yet, but gold stocks are the exception. Gold stocks provide leverage to the price of gold. A 10% jump in the price of gold can cause gold stocks to surge 30%…or more. The price of gold has surged 17% this year, making it the top performing asset of 2016. Gold’s big move has triggered a powerful rally in gold stocks.

The Best Way to Profit from the Coming Gold Bull Market

Owning physical gold is the best way to defend your wealth from destructive monetary policies. But if you’re looking for huge gains in gold, look at gold mining stocks. Gold miners are leveraged to gold prices. In a gold bull market, these stocks usually rise many times higher than gold itself. GDX, an ETF which owns gold mining stocks, has jumped 21% since early August while gold is up 6.2%.

The $1200-Cost Fallacy Of The Gold Miners

I certainly didn’t believe that $1200-per-ounce industry cost level was correct. But I couldn’t prove it right away, as the gold miners hadn’t released their second-quarter operating and financial results yet. But since the great majority finally reported Q2’15 in the last couple weeks, now we can dispel that $1200-cost fallacy. Gold miners have no problem weathering sub-$1200 gold.

Some Gold Mining Stocks May Outperform Gold Itself

Gold mining equities have become attractive to investors once more, after spending years out of fashion as respectable investments, given corporate governance problems and ballooning capital budgets. It makes sense to look at assets that were “absolutely punished and massively sold” in the past

No Clear Trend In Gold and Gold Stocks Yet

Gold has surrendered the $1,350 short term bull/bear demarcation again, but a secondary level of support has held – At present, the bears still win as many battles as the bulls, but eventually a breakout from the recent area of congestion will occur.

Is This The Start Of China's Gold Miner Buying Spree?

China continues to import unprecedented amounts of gold. Following a massive, 50%+ selloff, there comes a time when even gold miner stocks become attractive to those with deep pockets filled with reserve fiat- Especially for someone like China.

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