Tag: Market Vectors Gold Miners ETF (GDX)
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 […]
Gold Stocks Rally… Is This The Bottom?
Gold Stocks Rally- More To Come? Something very interesting is happening with gold stocks… Over the past few days, share prices of companies in the beleaguered industry have experienced sharp rallies. Take Agnico Eagle Mines $AEM for example- the Canadian gold miner is up 11% over the past week. See for yourself… As you can […]
Buy Gold Stocks Now?
Dumpster Diving: Is It Time To Buy Gold Stocks? Over the past year, I’ve heard plenty of theories from mining stock analysts as to why investors should load up on gold stocks. “… they’re cheap…” “… the industry as a whole is under-valued…” “… mining stocks are drastically oversold from a long-term technical standpoint…” But […]
Gold Stocks: Is The Collapse Finally Over?
Something very interesting is happening… For the first time since last summer, the average gold stock is actually rising along with the price of gold. You see, except for a multi-week rally where both gold and gold stocks rose in July 2012, miners have solidly underperformed the yellow metal for years. In fact, even when […]
Get Ready For A Bullish Turn In Gold Stocks!
It’s been a tough year for gold stocks… Numerous technical and fundamental uncertainties have gold stocks drastically underperforming major benchmarks in 2012. Take a look… As you can see, the AMEX Gold Bugs Index (gold line) is down 15% on the year while the S&P 500 (green line) is up just over 10%. As you […]
Gold Stocks: Now’s The Time To Buy…
Well here we are… the holiday season is in full swing. And that means the fat man in the red suit will be sliding down chimneys in the very near future. Of course, kids are ripe with anticipation in hopes Santa will bring them just what they’re wishing for. But they’re not the only ones […]
