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Interest Remains In Them Thar Gold Miners ETFs
Monday, January 9, 2017 - 3:13pm | 541As is usually the case, the VanEck Vectors Gold Miners ETF (NYSE: GDX) and the VanEck Vectors Junior Gold Miners ETF (NYSE: GDXJ), the two largest gold miners exchange traded funds by assets, had interesting years in 2016. All That Glitters After soaring out of the gates to place as two of the best...
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A Tale Of 2 ETFs: How GDX And GLD Compare When Gold Shines Or Dulls
Friday, August 26, 2016 - 10:29am | 417Gold prices have been on a tear in 2016, making for some happy investors. However, some gold investors are happier than others. The price of gold has jumped 27.0 percent since the beginning of the year. In that same time, the SPDR Gold Trust (ETF) (NYSE: GLD) is up 24.9 percent. The Market Vectors...
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New Direxion ETFs Target Gold Miners, European Financials
Wednesday, July 27, 2016 - 1:12pm | 492In what has been a rough year for European financial services stocks and a banner year for gold miners shares, some traders might be looking to make contrarian bets. Direxion, the second-largest issuer of inverse and leveraged exchange-traded funds, is there to oblige with two new ETFs targeting...
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Reasons Why This Gold Miners ETF Can Keep Soaring
Tuesday, July 5, 2016 - 12:17pm | 457Count the Sprott Gold Miners ETF (ALPS ETF Trust (NYSE: SGDM)) among this year's high-flying gold miners exchange-traded funds. SGDM, which is just a few days shy of its second anniversary, is up more than 114 percent year-to-date. Hooray For Gold SGDM's underlying index “seeks to...
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A Brexit Boon For These Leveraged ETFs
Thursday, June 30, 2016 - 12:26pm | 485Gold has been a predictable beneficiary of the Brexit outcome, which in turn is predictably benefiting already scorching hot gold miners stocks and exchange-traded funds. That includes leveraged fare such as the Direxion Daily Gold Miners Bull 3X Shares (Direxion Shares Exchange Traded Fund Trust (...
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It's Not Surprising What's Boosting Gold Miners ETFs
Thursday, May 5, 2016 - 12:35pm | 558This is how things are going for gold exchange-traded funds this year. Physically-backed ETFs, such as the SPDR Gold Trust (ETF) (NYSE: GLD), have been good. Gold mining ETFs have been better. A lot better. For example, the Market Vectors Gold Miners ETF (NYSE: GDX), is up 73.1 percent year-to-date...
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A Different Type Of Gold Miners ETF
Monday, April 25, 2016 - 8:21am | 546It is not a secret that gold and silver miners exchange-traded funds are topping their physically-backed counterparts in significant fashion this year. For example, the Market Vectors Gold Miners ETF (NYSE: GDX), the largest gold miners ETF, is up about 65 percent year-to-date, or more than triple...
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Some Say The Gold Miners Trade Is Back
Friday, February 26, 2016 - 3:03pm | 610At this writing late in Friday's session, the Direxion Daily Gold Miners Bull 3X Shares (Direxion Shares Exchange Traded Fund Trust (NYSE: NUGT)) is down nearly 10 percent, while its small-cap counterpart, the Direxion Daily Junior Gold Miners Index Bull 3X Shares (Direxion Shares Exchange...
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Gold Miners ETFs Are Getting Smoked
Wednesday, November 18, 2015 - 3:50pm | 632Wednesday's list of exchange-traded products hitting all-time lows is a graveyard of precious metals funds. To this point in Wednesday's session, 16 ETFs and exchange-traded notes (ETNs) have touched all-time lows, with half of those being precious metals products. That group of eight does...