GDX

What a difference a week makes. On September 16, I was bullish on the Market Vectors Gold Miners ETF (symbol: GDX).  As you can see in figure 1, a weekly chart of GDX, prices had broken out of a nice base formation, and after testing the breakout point (62.82) several times and after holding up...

With floods of US dollars being deployed everywhere to help support a faltering economy many worry about the continued fall of the US Dollar. The dollar has already weakened significantly over the past 6 months to levels equal to those before the crash, but many foresee this as just the beginning...

Commodities including Oil are down today in response to a slightly higher US Dollar. The Unites States Oil ETF (NYSE: USO) and Ishares Oil Service Sector (NYSE: IEZ) are down 4.2% and 2% respectively. Oil itself is trading down 4% at $68.90/barrel. Gold is also slightly lower at $1,009/ounce. The...

With Gold (NYSE: GLD) and gold miners, best measured by the Market Vectors Gold Miners ETF (NYSE: GDX) approaching recent highs one wonders if there is another way to play the inflation hedge. Silver, although much less publicized, has also been a good hedge against inflation and a weakening US...

The Gold Miners ETF (NYSE: GDX) is poised to increase about 2.4% at the open after Gold itself increased $13/ounce to $1,019/ounce. The Gold Miners ETF has increased 25% in the past month alone, and 160% since its market crash low in late October 2008. Many investors prefer to invest in gold...

Gold again pushed higher today, topping at around $1,010/ounce, up $14.60/ounce or 1.5%. This is also giving a boost to Gold Miners (NYSE: GDX) up 2.2% and Barrick Gold (NYSE: ABX) up 1% for the day. Barrick recently removed its Gold hedges on speculation that the metal will move significantly...

Gold is up 1.8% to $994/ounce, flirting with its recent high of $1000/ounce. The metal has touched this level several times in the last 2 years, but has failed to break through each time. Gold mining stocks best measured by the Gold miners ETF (GDX) is up another 6% today on top of the 9.5%...

As equities as a whole are little changed today, gold is trading up about 1% to $964/ounce. Gold mining stocks however are far outpacing the metal's increase. Gold Fields (GFI) is up 8%, Harmony Gold (HMY) is up 8.4%, Gammon Gold (GRS) is up 9.5%, and Barrick Gold (ABX) is up 6.5%. The gold miner's...