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 […]
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. […]
