Market Vectors Gold Miners ETF

  • Should You Follow Billionaire John Paulson and Dump This Gold Miner?

    By Robert Baillieul - August 19, 2013 | Tickers: ABX, GDX, GLD

    Billionaire hedge fund manager John Paulson has soured on Barrick Gold (NYSE: ABX). According to his latest regulatory filings, Paulson sold his options to purchase 360,000 shares of Barrick in addition to trimming his stake in SPDR Gold Trust (NYSEMKT: GLD).

    But should investors rush for the exits as well? Probably not - there's a good turnaround taking shape at the troubled gold miner. 

    A turnaround is brewing

    Since more »

  • Betting on a Gold Upswing

    By Mike Price - July 17, 2013 | Tickers: CEF, GDXJ, GDX, GLD | Editor's Choice

    Gold's 30% fall over the past six months has pushed nearly all investor sentiment to the negative side of the trade. Meanwhile, there has been no slowdown in money printing or debt raising and the long-term fundamental trends point toward a recovery in gold prices.

    As a value investor, I tend to shy away from macro investing, but I also love to take positions that are contrary to the more »

  • Stay Away From Gold Miners

    By Sam Mattera - July 12, 2013 | Tickers: AU, GDX, GLD

    When it comes to precious metal investing, there’s a long-running debate: the metal or the miners?

    As the price of gold has tumbled, gold mining stocks have been utterly eviscerated. Market Vectors Gold Mining ETF (NYSEMKT: GDX) dropped over 3% on Friday, while the spot price of gold fell only about 2%. GDX owns 30 of the biggest gold mining stocks; its largest holdings are GoldcorpBarrick Gold, and more »

  • Can Gold Miners Drop Even Further?

    By Sarfaraz Khan - July 9, 2013 | Tickers: ABX, GDX, NEM

    Gold miners in general, which are represented in the Market Vectors Gold Miners ETF (NYSEMKT: GDX), and the world’s biggest gold producer, Barrick Gold (NYSE: ABX), in particular are not looking so good following the drop in gold prices. While on one hand, the fall in the value of the precious metal has exposed the massive debt of these miners, on the other hand, Barrick Gold has to deal more »

  • How to Profit From a Continued Commodities Slump

    By Jayson Derrick - June 30, 2013 | Tickers: AA, FCX, GDX

    Commodities appear to be in freefall with lots of catalysts being thrown around: a stronger dollar index, changes in the global macro-economic outlook, core PCE inflation in the U.S still slowing, and the Fed openly contemplating tapering its asset-purchase program. All of these factors are likely to put commodities under further selling pressure. Naturally, investors can still profit from declining commodities by shorting companies that have high exposure to more »

  • 3 Shining Stars That Will Stand the Test of Time

    By Brendan Marasco - June 9, 2013 | Tickers: GDX, NEM, ^RUT, ^GSPC, GLD

    Those who do not emphasize asset allocation will get burned. Others will earn a fortune. Consider these staggering statistics:

    <img alt="" src="http://g.fool.com/editorial/images/47469/us-debt_2_large.JPG" />

    An over-inflated balloon

    The American government continues on a massive spending spree. No one can fully predict to what extent the repercussions will affect our economy. However, assets are extremely expensive as the equity market and money supply are becoming increasingly inflated. Simply looking at the S&P 500 (SNPINDEX: ^GSPCmore »)

  • Warren Buffett's Disingenuous Stance on Gold

    By Ryan Glosier - May 17, 2013 | Tickers: GDXJ, GDX, GLD

    Berkshire Hathaway Chairman and CEO Warren Buffett has long been a vocal opponent of gold as an investment. Over the years, the super-investor and one of the richest men on the planet has publicly railed against the merits of the yellow metal. In fact, readers can find a compilation of the Oracle of Omaha's 7 top quotes on gold investing over at Minyanville.com.

    The first quote, and possibly more »

  • Gold Has Lost Its Mojo

    By Nur Tarkak - May 14, 2013 | Tickers: ABX, GG, GDX, GLD

    Gold was one of the top investment choices for the last decade. People who bought gold at the beginning of the decade earned impressive profits. Even though there were downturns in price, most were short term. However, gold has lost its mojo, and is trading almost 20% below its previous high. Gold ETFs, like SPDR Gold (NYSEMKT: GLD), have lost about 15% since January. 

    Reasons behind the recent gold crush more »

  • Buy This Golden Anomaly

    By Shmulik Karpf - May 7, 2013 | Tickers: ABX, GDX, SA

    Since the beginning of 2013, gold has remained in the spotlight. It certainly receives its share of publicity. Many traders and analysts express their opinions about the fate of gold prices. The drop in the price of gold has caused a spike in interest and demand for physical gold. For example, the U.S. Mint had ran out of its smallest gold coins. But buying coins or talking about the more »

  • Is All the Bad News Out For Allied Nevada?

    By Peter Epstein - May 3, 2013 | Tickers: ANV, CAGDF, GDX

    Is All the Bad News Finally Out on Allied Nevada? 

    Before I try to answer, let's review the chain of events that has taken the stock about 70% from December 31, 2012 to $9.60 today. For comparison purposes, the Market Vectors Gold Miners ETF, (NYSEMKT: GDX) is down about 40% year-to-date. Allied Nevada, (NYSEMKT: ANV) is one of the worst performers among mid-tier producers. The next worst performer more »

  • Is it a Good Time to Sell or Buy Gold?

    By Gwendolyn Sheys - April 30, 2013 | Tickers: ABX, GDX, GLD

    Is it a Good Time to Sell or Buy Gold?

    The recent record crash of gold by up to 27 percent lower than its original value has sent the world market spinning. Prices reduced to a low of $1,321.95 an ounce on April 16, 2013 from its previous high of more than $1,900 in September 2011. Days before April 16, gold was selling at over $1,600 more »

  • Commodities Are Dead, But Equities Are Very Much Alive

    By Jayson Derrick - April 23, 2013 | Tickers: GIS, GDX, SLW

    April 15 unofficially ended gold’s 12-year bull run when the yellow metal dropped 9.1%, the largest one-day loss since 1983. Other commodities like silver, copper, and oil have seen their prices rise, as well. Investors who had bought virtually any commodity six months ago are seeing extremely large losses. Meanwhile, investors who purchased equities six months ago are likely seeing respectful returns.

    <img alt="" src="http://g.fool.com/editorial/images/33709/commodities_large.JPG" />

    As we can see above, all more »

  • 2 Gold Miners Fighting to Control Costs

    By Frank Schirmeier - April 19, 2013 | Tickers: ABX, GG, GDX, GLD

    Last week, the gold price dropped below a psychologically important barrier at $1,500. Since mid-2011, the SPDR Gold Shares (NYSEMKT: GLD) ETF has lost almost one-fourth of its value, while the Market Vectors Gold Miners (NYSEMKT: GDX) ETF now trades at half of its former valuation, raising the question of whether mining stocks are a bargain now.

    The drop in the miners' shares can partially be explained by the more »

  • Time to buy McEwen Mining

    By Vy Tran - April 12, 2013 | Tickers: GG, SLV, GDXJ, GDX, MUX, GLD

    Today is a day of extreme weakness in the monetary metals gold (GLD) and silver (SLV). Ostensibly, it is due to the draft plan by Cyprus to sell gold as part of its bailout.

    This is an interesting explanation but I believe the main reason is simply that owning gold and silver is an overcrowded trade.

    With central banks especially in Japan and USA monetizing their debt without any end more »

  • Digging Into Gold Mines

    By Frank Schirmeier - April 2, 2013 | Tickers: ABX, GG, GDX, NEM, SLW, AUY

    I am not in favor of letting daily news affect my long-term investments. Even so, the Cyprus news, with fears on the safety of paper money flaring up, reminded me of the necessity to diversify into commodities. In the following, I will explain my line of thoughts, starting at physical gold and ending up with an investment into shares of the gold miner GoldCorp (NYSE: GG).

    As a security against more »

  • Have Faith in Yellow Metal

    By Waqar Saif - March 1, 2013 | Tickers: GDXJ, GDX, GLD

    The sixth largest exchange traded fund in the United States, SPDR Gold Trust (NYSEMKT: GLD), follows 1/10th of price of one ounce of gold. SPDR Gold Shares is also among the top ten largest holders of gold in the world. As of Feb. 29, the ETF has given a YTD loss of almost 11% to its investors. Talking about other ETFs that follow gold prices, Market Vectors Gold more »

  • Divergence Between Gold and Miners Continues: But for How Long?

    By James Catlin - January 29, 2013 | Tickers: ABX, IAG, GDX, NEM, GLD

    For about 18 months now there has been a sharp divergence between the price of gold and the stock price of gold miners that is unsustainable in the long run.  Taking into account the massive consensus that global inflation is coming, then it might be a good idea to revisit some major gold miners during these oversold conditions to look for a long term buying opportunity.

    First let me illustrate more »

  • The Era (Error) of Unlimited Money Printing

    By Paul Franke - January 26, 2013 | Tickers: GG, HL, SLV, GDX, GLD

    Any way you slice it, investors holding less than 10% of their assets in gold and silver do not understand the “risk” they are taking in a HYPERINFLATION scenario.  Our Covestor.com portfolios today hold about 10% in precious metals and another 15%-20% in hard assets like oil and gas, plus real estate investments.  The risk of holding gold and silver is FAR LOWER than not owning it, if a monster inflation orgy upmove starts in early 2013.  Rising rates of inflation from here would decimate bond values and pricing.  Related economic dislocations, including changing discount rates on earnings by stock investors could depress business values for years to come, much like the 1970s instance of high inflation.

  • Buy This Unloved Sector For A Golden 2013

    By Shmulik Karpf - January 16, 2013 | Tickers: ABX, KGC, GDX, NEM, SPY, GLD

    Every year brings with it a few innovative, fresh investment opportunities.

    When trying to figure out the best bargains for the upcoming year, most investors try and ride the 'stars' of the previous year. In almost all cases, last year's winners are this year's losers, and vice versa. In order to avoid this error in judgement, it is best to take a very close look at last year more »

  • Got Silver?

    By Paul Franke - December 6, 2012 | Tickers: PALL, PPLT, SLV, GDX, GLD

    Our best hedge investment idea currently is direct precious metals ownership, especially holding iShares Silver Trust (NYSEMKT: SLV) in stock brokerage accounts.  With both investment and industrial demand pushing silver higher in coming years, this uniquely situated metal is in terrific position to benefit from the economic future we foresee.

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