Tag: Gold Miners
Commodities: Gold, Miners, Silver, TSX – Video Tip Of The Week
Chris Vermeulen of The Technical Traders talks about what is going on with the markets. Are we in the late stages of a bull market for stocks? An indication of this is when commodities typically start to come to life and eventually outperform all other sectors and indexes. Taking a look at the DBC, a commodity […]
Gold Miners ETF In Trouble As Gold Prices Fall
Gold prices are below $1,100 per ounce. That’s a five-year low and right at the price from six years ago. Here’s what a chart of the round trip gold has taken over the last six years. Gold has lost much of its appeal as an investment. Its status as a store of wealth benefited from […]
Sectors To Watch: Are Gold Mining Stocks Losing Their Luster?
Gold mining stocks have had a rough year. Over the last twelve months, Market Vectors Gold Miners ETF (GDX) has fallen 34%. But the ETF has bounced back lately. GDX has rallied 11% from the 52-week low of $39.08 it reached in May. The main reason for the miners’ poor performance has been falling gold […]