Tag: Market Vectors Gold Miners ETF $GDX

Gold Miners ETF In Trouble As Gold Prices Fall

| November 30, 2015 | 0 Comments
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 […]

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Leveraged Gold Miners ETF Battleground

| May 6, 2015 | 0 Comments
Leveraged Gold Miners ETF Battleground

The battle between the bears and bulls over gold miners stocks is heating up.  Aggressive traders can use a leveraged gold miners ETF to pick a side and profit. The Market Vectors Gold Miners ETF $GDX has been in a bearish downtrend for three years.  Shockingly, GDX has lost 70% of its value since 2011. […]

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