Best Small Cap Stocks to Trade

Small Cap Stock Alerts in Real Time | No one provides consistent winners like Broad Street!

Dec 01 2016

The Gold Market

The Gold Market and Gold ETFs

Traders News Source 10-8-16

 

After the biggest slump in the prices of gold futures in a period of almost 3 years, the market stabilized. Gold futures for delivery in December declined by 0.1% to $1268.60 an ounce in the Comex in New York following a decline of 3.3% on the previous day. Prices are now down by 7.9% since the peak in July because the appeal of gold is being cut by the expectations for tighter monetary policy in the US and Europe. A gold trader in London said that the gold bull has been given a good scare, but that it is not yet dead. The price could drop to $1172 and there could still be a medium-term continuation of the upward move. Some experts believe that things will get worse before they get better and that prices are likely to bottom out at $1257 an ounce. The decline on Tuesday was in the wake of official comments by Federal Reserve Bank of Cleveland president Lauretta Mester and Jeffrey Lacker of the Richmond Fed. The European Central Bank policymakers appeared to have reached an informal consensus in the past month that asset buying should be curtailed when the decision is taken to end the program.

 

However, gold continues to be regarded as a safe haven and may even be enhanced because of the risks associated with the US presidential election in November and the talks concerning Britain and Brexit. One expert believes that gold could rally as quickly as it fell and the weak inflationary pressures may enable gold to reach its previous heights in price. A panel of 14 senior gold producers Followed by Bloomberg Intelligence showed extended losses and the index has declined by 10% this week. Despite the trend in gold prices, investors continue to hold ETFs and assets increased by 3.1 metric tons to 2036.5 t on Tuesday, which is near the highest level since 2013. The online trading platform BullionVault reported that trading on Tuesday was at the heaviest since June 14, which is the date on which voters in the UK chose to leave the EU and buyers outnumbered sellers by 7 to 1.

 

After falling for four consecutive days, gold continued to decline on 6 October and reached the lowest price levels in four months. The COMEX gold futures contract for December delivery fell 1.2% to $1,249.8 per ounce-the lowest level since June 8. The continuing fall can be attributed to the better than expected US economic data, such as consumer sentiment, ISM manufacturing data and initial jobless data. Experts believe that this increases the chances of an interest rate hike in the near term and pulled down gold prices. According to the data from the US Department of Labor, jobless claims fell by 5000 to 249,000 last week, which is the lowest level since April and the second lowest level since 1973. Gold ETF’s also dropped to a 4-month low and tested the long-term support since the increasing bets on interest-rate hikes brought down Gold ETF’s to the level of the long-term trend. There was a recovery in gold from the earlier decline on 7 October and prices were up 0.63% at $1,262.76.

 

The opportunity in gold mining shares

 

Gold mining shares have been big winners in 2016 especially the smaller producers though this fact has not been widely publicized. They have been outperforming gold bullion since the low point of January 20, 2016. However, it must be remembered that the early stages of bull markets show more than average volatility in price fluctuation showing large losses on some days and large gains on others. It can be expected that once this period of volatility passes, investors will probably be keen to buy at much higher valuations. Moreover, many gold shares have registered a drop of 20% or more, leading many self-proclaimed pundits to declare that gold mining shares have entered a new bear phase. However, because the market is difficult to predict. In the short term, investors should concentrate on their investments in 2017 or maybe in 2018.

 

Gold ETF’s Direxion Daily Junior Gold Miners Index Bear 3x Shares (JDST and Direxion Daily Junior Gold Miners Index Bull 3x Shares (JNUG)

 

The Direxion Daily Junior Gold Miners Index Bull and Bear 3x Shares have the objective of daily investment results, before fees and expenses, of 300% or 300% of the inverse (or the opposite) of the performance of the MVIS Global Junior Gold Miners Index. This is a leveraged ETF which has the objective of seeking a return of 300% or – 300% of the return of the benchmark index for a single day. Leverage and inverse ETFs should be regarded as riskier than alternatives that do not employ leverage and unintended only for investors who comprehend the risk of leverage and are involved in active management of their investments. The target benchmark index

The MVIS Global Junior Gold Miners Index is a cap-weighted total return index covering only the last and most liquid small cap stocks, which derive at least 50% or more from gold or silver mining. Companies must have ADTV of $1 million, $250,000 shares/month and a market cap more than $ 150 million under which is limited to a maximum of 8% per company reviewed quarterly. As of June 30, 2016, the average market of the index was $1.01 billion and the median was $929 million. The top 10 holdings included the likes of B2Gold Corp 5.38 % and Alamos Gold Inc 4.97 % and the top index country weightings were Canada 64.91%, followed by the United States 11.46%.

 

The market price for these ETF’s are the prices at which they are bought and sold in the secondary market and they are designed to trade in line with the intra-day value subject to market volatility. ETF’s are generally popular because of liquidity, transparency, trading in real time and comparatively low fees. The liquidity refers to the degree to which buying or selling effects the fair market value and is mainly determined by the trading volume of the underlying securities.

 

Written by broadAdmin · Categorized: Uncategorized

Privacy Policy and Disclaimer

Transparency is very important to us.

Please view our full privacy policy and disclaimer below.

 

 

 

Privacy Policy and Disclaimer
Your Consent
By using our site, you consent to our online privacy policy and disclaimer.
Do we disclose any information to outside parties?
We do not sell your information to anyone.
What information do we collect?
We collect information from you when you subscribe to our newsletter or fill out a form on one of our social platforms. This includes your email address and or mobile phone number.
When registering on our site, as appropriate, you may be asked to enter your: e-mail address and or mobile number.
What do we use your information for?
When we collect your email or mobile number it is used for one purpose to send you the information you requested about small cap stocks. Please read our disclaimer carefully before viewing our emails.
Your information, whether public or private, will not be sold, exchanged, transferred, or given to any other company for any reason, other than our CRM providers for the express purpose of delivering the information on stocks that you requested.
We send periodic emails.
The email address you provide may be used to send you information, the small cap stock reports you requested, respond to inquiries, and/or other requests or questions.
How do we protect your information?
We implement a variety of security measures to maintain the safety of your personal information when you enter, submit, your email address. We use secure third parties to send email and SMS messages to you.
Because we value your privacy, we have taken the necessary precautions to be in compliance with the California Online Privacy Protection Act.
Online Privacy Policy Policy
This online privacy policy applies to information collected through our website and social media platforms.
Contacting Us
If there are any questions regarding this privacy policy or disclaimer you may reply to this email.
Disclaimer
BroadStreetAlerts. com is a wholly owned subsidiary of Small Cap Specialists LLC, herein referred to as SCS LLC.
This website / media webpage is owned, operated, and edited by Small Cap Specialists LLC. Any wording found on this website / media webpage or disclaimer referencing to “I” or “we” or “our” or “SCS LLC” refers to Small Cap Specialists LLC. This website / media webpage is a paid advertisement, not a recommendation nor an offer to buy or sell securities. Our business model is to be financially compensated to market and promote public companies. By reading our website / media webpage you agree to the terms of our disclaimer, which are subject to change at any time.
Our reports/releases are a commercial advertisement and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The disclaimer is to be read and fully understood before using our services, joining our site or our email/blog list as well as any social networking platforms we may use. SCS LLC’s business model is to receive financial compensation to promote public companies. To conduct investor relations advertising, marketing and publicly disseminate information not limited to our Websites, Email, SMS, Push Notifications, Influencers, Social Media Postings, Ticker Tags, Press Releases, Online or Phone Interviews, Podcasts, Videos, Audio Ads, Banner Ads, Native Ads, Responsive Ads. This compensation is a major conflict of interest in our ability to be unbiased regarding. Therefore, this communication should be viewed as a commercial advertisement only. Note, we periodically conduct interviews and issue stock alerts that we are not compensated for, these are purely for the purpose of building our brands. We have not investigated the background of the hiring third party or parties. The third party, profiled company, or their affiliates likely wish to liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Frequently companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the investor relations marketing ceases. Our emails may contain forward-looking statements, which are not guaranteed to materialize due to a variety of factors. We do not guarantee the timeliness, accuracy, or completeness of the information on our website / media webpage. The information in our website / media webpage is believed to be accurate and correct but has not been independently verified and is not guaranteed to be correct.
Please Note: SCS LLC and its employees are not a registered investment advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever.
Release of Liability: Through use of this website viewing or using you agree to hold SCS LLC, its operator’s , owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. The information in our website / media webpage is believed to be accurate and correct but has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct. Furthermore, SCS LLC often employs independent contractor writers who may make errors when researching information and preparing these communications regarding profiled companies. Independent writers’ works are double-checked and verified before publication, but it is certainly possible for errors or omissions to take place during editing of independent contractor writer’s communications regarding the profiled company(s). You should assume all information in all of our communications is incorrect until you personally verify the information, and again are encouraged to never invest based on the information contained in our written communications. The information in our disclaimers is subject to change at any time without notice. Some of our claims regarding gains could be based on intra-day, pre-market and after-hours trading data.
All information on featured companies is provided by the companies profiled or is available from public sources and SCS LLC makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provide herein. Instead SCS LLC strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D.
SCS LLC is compliant with the Can Spam Act of 2003. TNS LLC does not offer such advice or analysis, and SCS LLC further urges you to consult your own independent tax, business, financial and investment advisors. Investing in small and micro-cap growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled.
The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results.
In preparing this publication, SCS LLC has relied upon information supplied by its customers, publicly available information, and press releases which it believes to be reliable; however, such reliability cannot be guaranteed. Investors should not rely on the information contained in this website. Rather, investors should use the information contained in this website as a starting point for doing additional independent research on the featured companies. The advertisements in this website are believed to be reliable, however, SCS LLC and its owners, affiliates, subsidiaries, officers, directors, representatives and agents disclaim any liability as to the completeness or accuracy of the information contained in any advertisement and for any omissions of materials facts from such advertisement.
SCS LLC is not responsible for any claims made by the companies advertised herein, nor is TNS LLC responsible for any other promotional firm, its program or its structure.
SCS LLC is not affiliated with any exchange, electronic quotation system, the Securities Exchange Commission or FINRA. SCS LLC is not a Broker/Dealer and does not engage in high frequency trading.

 

 

Most Publicly Traded Companies Engage in Some Form of Paid Media, Investor Relations and Advertising. 

Copyright © 2023 · Broad Street Alerts · All Rights Reserved

Manage Cookie Consent
We use cookies to optimize our website and your experience.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}