The value of gold continues to rise. The precious metal has gained 15% this year to date and is up 38% over the last year. Investors often choose to leverage gains in precious metals by investing in shares of gold mining companies. Gold miners generate profits by leveraging the price of gold, which is driven […]
Gold & Silver
FOMO’s Role in Driving Gold Prices
FOMO—the fear of missing out—might be the most powerful force in the markets. Price action is normally driven by fear and greed. Fear, of course, drives bear markets. Eventually, in a bear market, greed replaces fear and drives prices relentlessly higher. And sometimes, greed gives way to FOMO. At these times, we tend to see […]
This New High-Yield Gold Miner ETF Goes Ex-Div Next Week
The YieldMax ETFs have caught investor attention with their very high-yield covered call single-stock ETFs. A recently launched ETF caught my eye and I am very curious how it will work out for investors. The YieldMax Gold Miners Option Income Strategy ETF (GDXY) launched on May 13. This innovative ETF, as outlined in the prospectus, […]
Trade of the Week: GLD
This week we are highlighting the most popular gold ETF which tracks the physical asset. What we see here are multiple trades placed in the same week by different traders. Both of these trades are indicating very bullish expectations from traders.
Trade of the Week: Gold Miners
With all the global uncertainty in the financial markets these days, gold has been a popular investment. One way to gain gold exposure is by using VanEck Gold Miners ETF (GDX). Gold miners are expected to thrive with gold trading around $1,900 per ounce. One trader sold a large block of puts last week in […]
Generate Cash Flow From This Gold Trade
Gold has been a popular investment with inflation concerns currently a headline topic. The SPDR Gold Shares ETF (GLD) is one of the most popular methods for investing in gold. The heavily traded ETF is backed by physical gold. One thing GLD doesn’t do is pay a dividend. To generate a form of cash flow […]
Should I Sell My Gold?
With all the world turmoil, high inflation, war in Ukraine, China rattling their saber, gold has gone up in price. Trading Economics tracks gold prices for the last 12 months. Less than a year ago, gold was just under $1,700/oz. It recently hit $2,050/oz. and was knocked down $60/oz. the following day. Remember the old saying, there […]
Are Options Block Trades Saying That Gold Is Going To New Highs?
A couple massive options block trades last week could be very bullish indicators that the price of gold is headed much higher. Call spreads in VanEck Vectors Gold Miners ETF (GDX) and SPDR Gold Shares (GLD) could both be pointing towards much more upside in gold. The precious metal is often used as a hedge […]
Trade of the Week: GDX
With all the volatility in the market and the uncertainty brought about by the Ukraine/Russia war, there has been a lot of options action in defensive investments like gold. Investors will often use gold or gold miners ETFs to take positions in the metal A popular gold miners product is the VanEck Gold Miners ETF […]
Trade of the Week: GDJX
There has been plenty of options activity in commodity ETFs over the last few weeks. Precious metals have certainly gotten a lot of attention from traders as they tend to be defensive investments during times of uncertainty. With gold reaching over $2,000 an ounce, gold miners are also seeing a lot of bullish action. Recently, […]