The Latest Breaking News from GDX

Amid analyst forecasts for gold hitting $3,000 per ounce next year, here are three ways for investors to capitalize on this potential surge in the precious metal.

Air India’s Boeing aircraft that was grounded in Magadan in far east Russia is now airborne after engineers rectified the oil system defect in one of the engines and the plane will land in Mumbai later in the day, the airline said on June 10.

The Fed’s aggressive monetary policy stance is expected to fuel a recession next year. While the stock market is expected to remain under pressure in the upcoming months, the recession could have long-term consequences for fixed-income securities, precious metals, and companies working on disruptive innovations. Therefore, long-term investors should avoid…

With the Federal Reserve’s persistent hawkish stance and growing odds of the economy tipping into a recession, the stock market volatility is not expected to subside anytime soon. Amid an uncertain market backdrop, we think it could be wise to avoid or short-sell weak ETFs, Direxion Daily S&P Biotech (LABU),…

The Fed’s aggressive monetary policy stance is expected to keep the stock market under pressure in the upcoming months. Moreover, a potential recession could keep several assets under pressure. Therefore, we think it could be wise to avoid ETFs iShares 20+ Year Treasury Bond (TLT), VanEck Gold Miners (GDX), Ark…

Since the Fed announced another 75-basis-point interest rate hike today, the market is expected to remain under pressure. With precious metals set to keep losing luster and growing businesses finding it increasingly difficult to borrow, it could be wise to avoid VanEck Gold Miners (GDX), ARK Innovation (ARKK), and ProShares…

The persistent hawkish stance of the Fed is raising the odds of a recession. Moreover, the Fed is expected to go ahead with another significant interest rate increase later this month. Amid the widespread volatility in the market, it could be wise to avoid iShares 20+ Year Treasury Bond (TLT),…

The Fed’s aggressive rate hikes and rising yields are creating bearish sentiments around the precious metals industry. Both gold and silver registered a poor performance last month. So, avoiding the precious metal ETFs VanEck Gold Miners (GDX) and iShares Silver (SLV) might be wise. Read more….

2021 was a year to forget for investors in the precious metals space, with the Gold Miners Index (GDX) down more than 10%, giving up a large portion of its 2020 gains. With inflation rising and growth decelerating, I believe Nomad Royalty (NSR), SSR Mining (SSRM), and Agnico Eagle Mines…