ETFS

While gold is currently up just 1% for Q3, silver has launched itself 5% and has hopped back above its key weekly moving averages (40-week and 100-week). The significant underperformance for silver vs. gold at the 2001-2003 bottom only ended when silver put up a quarterly performance nearly double that of gold’s return, and we’re
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One of the stories gold bulls like to tell is the decline of the US Dollar as the world reserve currency. This story usually runs along the following lines: The US is overspending massively, thus the US is a debtor nation. Debtor nations don’t last forever, thus the US is heading for collapse. When countries collapse, their currency
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The recent move higher in gold has flipped the quarterly chart back to bullish. The Fed’s pivot is likely a tailwind for gold, and thus far price action in gold is responding well to this news. As long as the $1,325/oz level is defended on a weekly close, the bulls remain in control of the
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Gold breaks out of a long-term trading range Gold has been appreciating in all of the leading currencies since the early 2000s Currencies are losing value after years of dovish monetary policies Gold traded in a wide range last week with the August futures contract on COMEX trading between $1384.70 and $1441.00 per ounce. The
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While gold has blasted off to new 5-year highs, silver has been unable to even break its downtrend line. Silver continues to be the lagging metal by a significant margin and is significantly underperforming the S&P-500. Based on this under-performance, I believe gold is the much better option until this relative weakness begins to change.
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Every summer gold traders tremble in fear of “the summer doldrums.”Newcomers to the gold scene might be asking whether the summer doldrums are a real thing?  While old-timers might ask: “Does it look like we’ll get those this year?” Here’s a 1-year chart of GLD – guess for yourself on each question, then your friendly
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A nine-month extension to production cuts Russia’s profile rises Output policy now depends on a triad of the leading producers The international oil cartel met on July 1 and 2 at its biannual meeting in Vienna, Austria. Before the meeting, the oil minister from the most influential member of OPEC, Saudi Arabia, said that his
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With July 4th upon us, and the potentially world-changing events being negotiated as the U.S’s President Trump and China’s Xi pore though texts — both ancient and modern looking for the upper hand — now’s a good time for us mere plebes to catch up on our own reading.  Here’s a list, of some old
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This is one of those days where you feel like you know what is going to happen, and you wish your article submission deadline was 2 hours later.  In premarket today, gold has dropped below 1400 USD/oz on the tails of news of an apparent truce in the US-China trade war. Here’s the 5-day chart
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The Dow Jones Industrial Average rallied 7.2% this month, notching its best June performance since 1938. The S&P 500 posted its best first half of a year since 1997, soaring 17.3% and reaching an all-time high. Semiconductor ETF (SMH) notched biggest one-month gain since September 2010. Gold surged more than 7% in June, its biggest
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Shutterstock The financial media loves to get predictions from experts about where they think the Dow Jones Industrial Average index is headed. Some experts look at technical analysis patterns, others look at valuation metrics, others apply a broad macro view of the economy. In this article, we present another forecasting approach that investors may find
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Now a somewhat similar technology holds the potential to disrupt the cannabis industry. Fully automated cannabis kiosks use robotic arms and even artificial intelligence (AI) to enable customers to purchase cannabis and cannabidiol (CBD) products without interacting with a human. There should be tremendous potential for this technology, with 33 U.S. states having legalized medical cannabis,
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What Happened MLPs with midstream exposure are thriving this year as the U.S. tops the ranks of the world’s oil-producing giants — a theme that is benefiting ETFs such as the Global X MLP & Energy Infrastructure ETF MLPX 0.58%. “In conjunction with its domestic focus, the midstream segment’s significant dollar-based currency exposure has helped further insulate it
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