Gold's Trump Card vs. Dollar
Commodity prices are threatened by the strengthening dollar, as evidenced by their broad decline as the dollar has gained over recent weeks. Gold prices have decreased substantially as well, but gold holds a trump card against dollar strength, its safe haven appeal. See my full report on gold's trump card here.
Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.
Precious Metals Securities
|
1 Month Change
|
SPDR Gold Trust (NYSE: GLD)
|
-6.0%
|
iShares Silver Trust (NYSE: SLV)
|
-16.5%
|
Market Vectors Gold Miners (NYSE: GDX)
|
-15%
|
Market Vectors Junior Gold Miners (NYSE: GDXJ)
|
-17%
|
Direxion Daily Gold Miners Bull 3X (NYSE: NUGT)
|
-41%
|
Sprott Physical Gold Trust (NYSE: PHYS)
|
-6.0%
|
Goldcorp (NYSE: GG)
|
-20%
|
Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.
Labels: Gold, Gold-2015, INDUSTRY-Gold
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