Leveraged funds that own gold are up by triple digits this year. But they can fall just as fast. With gold up roughly 30% this year and gold mining stocks up even more, gold-focused funds that borrow money to amp up returns, are on a tear.
Gold Miners
Gold Miners ETF Lures $529 Million Inflow After Market Turmoil
Gold Silver Reports – Gold Miners ETF Lures $529 Million Inflow After Market Turmoil — Gold is burnishing its allure to investors in the wake of the recent market turmoil.
Cashed-Up Australian Gold Miners Set to Take Deals Global
Gold Silver Reports — Australia’s top gold producers are set to take their $5 billion acquisition spree global to secure growth as domestic opportunities fade and bullion’s gains swell their cash piles.