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☆ Why this top fund manager says the best investment this year is 'the hedge against political cycles'
▼ + stars: | 2024-09-21 | by ( Emily Glass | ) www.cnbc.com time to read: +2 min

A major exchange-traded fund and mutual fund manager finds the winning gold trade isn't talked about as much as the artificial intelligence trade — but maybe it should be. VanEck CEO Jan van Eck thinks the best investment this year is "the hedge against political cycles." But as of Friday, the VanEck Gold Miners ETF has started to outperform, up 31% this year. As for the AI trade, van Eck says it's "amazing" how investors refuse to give up on it. It's a companion to its VanEck Semiconductor ETF that excludes companies that run their own foundries, such as Intel .

Persons: isn't, Jan van Eck, Van Eck, CNBC's, Gold, van Eck Organizations: Gold Miners, Semiconductor, VanEck Semiconductor, Intel, Nvidia, Broadcom, Devices Locations: Huntington Beach

☆ Gold's rally to records shows no signs of slowing
▼ + stars: | 2024-09-17 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Gold prices just won't stop rising. Year to date, gold is up nearly 26% — outpacing the S & P 500's 18% gain. Since ETF holdings only increase gradually as the Fed cuts, this upside is not yet fully priced in." Investors seeking exposure to gold can obtain it through exchange traded funds, such as the SPDR Gold Shares ETF (GLD) . The fund, which tracks gold prices and charges 0.4% in fees, is up nearly 25% in 2024.

Persons: Goldman Sachs, Lina Thomas, Thomas, Christopher Danely Organizations: Reserve, Goldman, Miners, Gold Miners, Citigroup, Micron Technology

GLD 5Y mountain GLD The SPDR Gold Shares ETF is the world's largest, with BlackRock's iShares Gold Trust and iShares Physical Gold ETC the second and third, respectively. Other top physical gold ETFs include the Borse Commodities GmbH Xetra-Gold and the SPDR Gold MiniShares Trust . Gold mining ETFs Buying gold mining ETFs — which own shares of multiple gold mining companies — is another way to get exposure to gold, and Meyer described those backed by large banks as "relatively safe," in an email to CNBC. "Even though gold equities respond to changes in gold price, the degree of that response has deteriorated over time," he said, adding that the risks and costs of gold extraction can weigh on miners. A selection of gold bars and one-ounce gold coins at Gold Investments Ltd. bullion dealers in London, UK, on Tuesday, May 21, 2024.

Persons: Tom Price, Price, Berenberg, Robin Bhar, Amy Arnott, John Meyer, Colin Hamilton, BlackRock's, Meyer, Barrick Gold Panmure Liberum, George Milling, Stanley, they're, Morningstar's Arnott, Bhar, Chris Ratcliffe Organizations: CNBC, Panmure, Bank of America, Citi, UBS, Gold, Morningstar, SP, CNBC Pro, Royal Mint, BMO Capital Markets, Borse Commodities, MiniShares, Gold Miners ETF, Miners, Barrick, Resolute Mining, Hochschild, Caledonia Mining, Barrick Gold Panmure, Endeavour Mining, Endeavour, Pan, Resources, State Street Global Advisors, Gold Investments, Bloomberg, Getty Locations: Panmure Liberum, U.S . New York, United States, U.S, Hochschild Mining, Zimbabwe, London, West Africa, Berenberg

☆ Gold heads for record high close on view that Fed is poised to cut rates
▼ + stars: | 2024-07-16 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Gold prices advanced Tuesday, on track for a record close as rising expectations of a September interest rate cut bolstered demand for bullion. Gold futures advanced 0.6% to $2,443.80. According to UBS, central bank buying of bullion is the highest it's been since the late 1960s. The U.S.-listed shares of Harmony Gold and Gold Fields rose 6% and 4%, respectively.

Persons: Jerome Powell, Joni Teves, Teves, Gold Organizations: Co, Federal, U.S, greenback, UBS, Citi, Miners, Harmony Locations: Bangkok, Thailand, Ukraine, China, U.S

☆ The top gold strategist at $4.3 trillion State Street shares 3 reasons why gold could reach $2,700 by year-end — and how he invests in the metal
▼ + stars: | 2024-07-15 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

With over 50 years of experience in the gold industry, Milling-Stanley believes today's macroeconomic environment is ripe for gold to outperform. The possibility of a rate cut in the next six months has been looming over the economy, which should boost the price of gold, Milling-Stanley said. State Street Global AdvisorsUS dollar depreciation will also push gold prices up, he said. He estimates a 50% probability of gold prices ending the year in the $2,200 to $2,500 range and a 30% probability of prices rising between $2,500 and $2,700. Other cost-efficient options include the SPDR Gold MiniShares Trust (GLDM), iShares Gold Trust (IAU), Goldman Sachs Physical Gold ETF (AAAU), and GraniteShares Gold Trust (BAR).

Persons: —, George Milling, Stanley, there's, I've, He's, Goldman Sachs Organizations: Service, Stanley, Trust, Business, Street Global Advisors, Stanely, Street Global, MiniShares, Gold Miners, Miners Locations: Nigeria, Ukraine, China, Taiwan

☆ Gold stocks and ETFs to buy right now, according to the pros
▼ + stars: | 2024-05-08 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Gold stocks Among Teng's top gold picks is Canadian miner Barrick Gold . Gold ETFs Aside from stocks, Teng recommended that investors consider exchange-traded funds (ETFs) as a good way to gain exposure to the yellow metal. "ETFs are highly liquid and can be bought and sold daily on the open market, making it easy to adjust a portfolio's gold exposure when needed," he said. He added that ETFs with exposure to the mining sector were an "attractive option," highlighting the VanEck Gold Miners ETF ( GDX ) and VanEck Junior Gold Miners ETF ( GDXJ ). While Teng is bullish on specific stocks within the ETFs, he notes that they broadly capture "the most popular large-cap and mid-cap gold miners funds," thereby offering a "relative balance in one's gold portfolio."

Persons: Kevin Teng, Teng, Barrick, Newmont, Will McDonough, McDonough Organizations: Wrise, CNBC Pro, Barrick Gold, Newmont Corporation, Wall, Coeur Mining, Hecla Mining, New York Stock Exchange, BHP, Gold Miners

☆ Beware of a dead-cat bounce and prepare for a severe market correction by making these 6 investments now, a veteran chartmaster warns
▼ + stars: | 2024-04-24 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

The S&P 500 is in its most perilous position since late last summer, cautioned David Keller, the chief market strategist at StockCharts.com. After an uptick in volatility in March 2023, the S&P 500 enjoyed a virtually uninterrupted rally before peaking on the final day of July. Related storiesIn the meantime, investors should keep a close eye on two key technical support levels for the S&P 500, Keller said: 5,050 and 4,820. Utilities are one of only two parts of the market that's up in the last month, due to its risk-off nature. The VanEck Gold Miners ETF (GDX) is another compelling way to ride that rally, Keller said.

Persons: —, David Keller, I'm, Keller, Stocks, StockCharts.com, they're, Keller isn't, that's Organizations: Service, Business, Utilities, StockCharts.com, VanEck Oil Services, P Oil & Gas Exploration, Production, Miners Locations: East, Israel, Freeport

☆ 'Big change' in global growth is bullish for commodities including copper, says VanEck CEO
▼ + stars: | 2024-04-20 | by ( Meredith Mutter | ) www.cnbc.com time to read: +1 min

Investors should consider commodities due to a "big change" involving international expansion, according to VanEck CEO Jan van Eck. "The world economy started growing again," van Eck told CNBC's "ETF Edge" this week. Manufacturing PMI is now positive in China as of March," said van Eck. Its exchange-traded funds include the VanEck Gold Miners ETF (GDX) and VanEck Oil Refiners ETF (CRAK) . Van Eck highlights copper 's momentum as a positive sign for demand.

Persons: Jan van Eck, van Eck, CNBC's, Van Eck Organizations: PMI, Gold Miners Locations: China

☆ Another way to play the commodity breakout with a copper stock forming a 'bull flag' chart pattern
▼ + stars: | 2024-04-19 | by ( Todd Gordon | ) www.cnbc.com time to read: +3 min

If you look at the other metals like copper and steel and their associated stocks you'll see breakouts as well, and in fact, they are showing more strength than gold stocks. Looking at a chart of copper we'll see a clear breakout above the early 2023 high of $4.35 with the 2022 highs of $5.00 targeted. Fundamentally speaking copper is an industrial metal heavily needed in China and India for infrastructure, transportation, and the green energy buildout. 'Bull flag' pattern The way I'm expressing this bullish thesis in copper is through my holdings in Southern Copper Corp (SCCO) in the dividend portfolio at Inside Edge Capital. That's not exactly cheap, but with the forecasted global demand of copper we think that multiple is justified.

Persons: There's, COPX, That's, Todd Gordon, Gordon, SCCO Organizations: Gold Miners, Copper Miners, Southern Copper Corp, Edge, Inside Edge, Inside Edge Capital Management Locations: China, India, Panama, GDX, COPX, Arizona

☆ Gold could be implying inflation remains sticky. How to play it with options
▼ + stars: | 2024-04-04 | by ( Michael Khouw | ) www.cnbc.com time to read: +2 min

The Federal Reserve, as always, is trying to strike a balance between conquering inflation and navigating the soft-landing. Of course, if higher rates also successfully curb inflation then gold, as an inflation hedge, shines less brightly. GLD YTD mountain SPDR Gold Shares GLD But gold is shining brightly. So gold markets are implying that we could get some rate cuts, inflation will be sticky, or both. This provides continued exposure to the upside if the gold rally continues, while locking a modest profit as well.

Organizations: Federal Reserve, VanEck Gold Miners

☆ A lower-risk way to play the gold breakout from here
▼ + stars: | 2024-03-14 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

We'll break down the rally in gold, why gold miners have been trailing it and the options trades I'm putting on from here accordingly. Investing in gold and silver mining companies, rather than purchasing the precious metals has frequently been promoted as a way to get "leverage" to the price of gold or silver. Notice that the share price of the VanEck Gold Miners ETF (GDX ) tracking the companies, has declined more than 15.5% since the highs in April of 2023. GDX GLD mountain 2023-04-13 VanEck Gold Miners ETF (companies) vs. SPDR Gold shares ETF (commodity) It should be said that GDX and Newmont Corporation pay dividends, whereas gold itself does not. Additionally gold miners are sometimes located in suboptimal geographic locations/jurisdictions where they may be subject to geopolitical factors beyond the price volatility of the commodities they produce.

Persons: Warren Buffett Organizations: Gold Miners, Newmont Corp, Gold Miners ETF, SPDR, Newmont Corporation, Mining, Consumers Locations: Washington

☆ Gold rises above $2,100 to highest level ever as traders bet on interest rate cuts
▼ + stars: | 2024-03-04 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Gold futures settled at the highest level ever on Monday as traders bet the Federal Reserve will start cutting interest rates in the second half of the year. When adjusted for inflation, gold set an all-time high of about $3,200 in 1980, according to Peter Boockvar, chief investment officer at Bleakley Financial Group. Gold has has performed well despite high interest rates and a strong dollar, he said. Gold now has upside on the expectation that the Fed will start cutting interest rates this year as inflation comes down, hesaid. Traders are betting the Fed will cut rates in June, according to the CME Fed Watch Tool.

Persons: It's, Peter Boockvar, Boockvar, Gold, Bart Melek, Melek Organizations: Federal Reserve, Miners, Bleakley Financial, TD Securities, Fed, Traders, CME Locations: U.S, Ukraine, China, Saudi Arabia

☆ Gold could be poised for another record-setting year. This obscure part of the market may see big gains
▼ + stars: | 2024-01-26 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +7 min

Investors betting on another strong year for gold may want to look at an obscure part of the market: gold streaming and royalty companies. "The profitability of the gold companies wasn't keeping pace with the rise in the gold price." MacRury echoed this sentiment, pointing to historical context as a reason he believes gold prices could hurtle towards new highs. "Past easing cycles over the last 20+ years have corresponded with strong gold prices, and we expect to see gold set new record highs in 2024," he wrote. Shares of Royal Gold popped 7% in 2023, but are down more than 10% in the past 12 months.

Persons: Carey MacRury, Adam Rozencwajg, Canaccord's, Rozencwajg, it's, MacRury, Leigh Goehring, Osisko Organizations: Barrick, CNBC, Royal, Miners, Royal Gold, Barrick Gold, Federal Reserve, Franco, Wheaton Precious Metals Locations: Newmont, Franco, Nevada, Brazil, Russia, China, India, Panama, Wheaton, U.S

☆ Gold mining ETFs fail to keep pace with benchmark bullion fund
▼ + stars: | 2023-11-07 | by ( Suzanne Mcgee | ) www.reuters.com time to read: +3 min

The SPDR Gold Shares ETF (GLD.P), which tracks the price of gold, has rallied 9.82% this year, driven by concerns about inflation and economic growth as well as geopolitical turbulence. Yet those gains have not been reflected in the share prices of gold miners: the iShares MSCI Global Gold Miners ETF (RING.O) and the VanEck Gold Miners ETF (GDX.AX), which track the shares of gold producers, are up only 2.28% and 1.7% respectively. "Gold prices can only help so much, if you can't produce the gold in the first place," said Islam. Even Barrick Gold, which reported a 3% gain in gold production in the third quarter, said overall output in 2023 won't meet expectations. "Investors seem very wary of stocks as a whole, and gold miners have been tracking that rather than what's happening in gold itself," said Casanova.

Persons: Shannon Stapleton, Imaru Casanova, Casanova, Roxanna Islam, George Milling, Stanley, Suzanne McGee, Ira Iosebashvili Organizations: United States West Point Mint, REUTERS, Gold Miners, World Gold, Gold, Newmont Corp, State Street Global Advisors, Barrick, Thomson Locations: West Point , New York, Mexico

☆ Make these 12 investments with strong technical set ups right now while the broader market faces the risk of a 'climactic bear scenario,' according to a longtime chartmaster
▼ + stars: | 2023-04-27 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Chartmaster David Keller shared the three biggest risks facing the market right now. The S&P 500 may struggle to break past technical resistance of 4,200 and 4,300. He predicted that if the VIX rises to 20, the S&P 500 would fall to a vital support level of 3,800. The percentage of S&P 500 stocks trading above their 50-day moving average (in green) has fallen below 50% recently. David Keller, StockCharts.comPoor market breadth should be a serious concern for investors, Keller said.

☆ Gold and mining ETFs are surging as the precious metal flirts with a record high
▼ + stars: | 2023-04-07 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

Over the past month, the SPDR Gold Shares ETF (GLD) has pulled in more than $1 billion of new money, according to FactSet. The iShares Gold Trust (IAU) , SPDR Gold MiniShares Trust (GLDM) , Abrdn Physical Gold Shares ETF (SGOL) and Goldman Sachs Physical Gold ETF (AAAU) have pulled in more than $400 million combined. Funds comprised of gold mining stocks have also been popular, with the VanEck Gold Miners ETF (GDX) pulling in about $200 million. GDX YTD mountain Gold mining ETFs are rallying in 2023. The gold mining funds from Sprott ( SGDM ) and iShares ( RING ) have seen similarly strong performance.

☆ Want to play soaring gold prices? These stocks are seen rising by at least 20%
▼ + stars: | 2023-04-07 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Gold prices are up about 10% this year and traded around $2,020 an ounce at one point on Thursday. For investors looking to cash on potentially higher gold prices, CNBC Pro screened FactSet for stocks in the Global X Gold Explorers ETF , the iShares MSCI Global Gold Miners ETF , the VanEck Gold Miners ETF , and the SPDR S & P Metals and Mining ETF . The company's gold mining operations are in Western Australia, where it aims to produce 185,000 to 205,000 ounces of gold annually by 2024. Analysts give British mining firm Hochschild Mining potential upside of 32.8%, according to FactSet data. Other stocks that made the screen include Australia's Silver Lake Resources , Indonesia's PT Merdeka Copper Gold, Endeavour Mining and B2Gold .

☆ Buy gold, sell this industrial stock: How these traders are preparing for a slowing economy
▼ + stars: | 2023-04-04 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Ritholtz Wealth Management CEO Josh Brown said that he bought gold mining stock Newmont to play the surge in gold prices as investors turned to bullion in the wake of the recent banking crisis. Brown called Newmont the "highest quality name" trading on the New York Stock Exchange. "You just get these moments where people lose confidence in fiat, in the banking system, et cetera, and for whatever reason, religion or otherwise, they reach for gold," Brown said Tuesday on CNBC's " Halftime Report ." NEM YTD mountain Newmont shares YTD Gold futures popped over the $2,000 threshold on Tuesday. DE YTD mountain Deere share YTD "There needs to be more planting regardless of what goes on in the economy, recession or not," Lebenthal said.

☆ Stocks making the biggest moves midday: General Motors, AMC, Virgin Orbit, Kinross Gold and more
▼ + stars: | 2023-04-04 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Virgin Orbit — Shares tanked more than 22% after the California-based satellite launch company filed for Chapter 11 bankruptcy protection. Virgin Orbit said it is looking to sell its assets and will lay off nearly all of its workforce. AMC's "APE" preferred shares gained 8.5% following the news. Etsy – Etsy shares gained 2.4% after Piper Sandler upgraded the e-commerce stock to overweight from neutral, saying that its marketplace strengths should help revamp active buyer growth. Gold miners — Shares of mining companies rallied as gold futures popped on Tuesday.

☆ CNBC Pro talks with the VanEck CEO on what commodities to invest in right now
▼ + stars: | 2023-02-07 | by ( Alison Conklin | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Pro talks with the VanEck CEO on what commodities to invest in right nowCNBC's Bob Pisani sat down with VanEck CEO, Jan van Eck, who he calls the 'king of commodities' at the Exchange ETF Conference in Miami Beach. VanEck Gold Miners (GDX), Oil Services (OIH), Agribusiness (MOO), and Rare Earth Metals (REMX) are among the top funds in the space and his VanEck Semiconductor ETF (SMH) is also the largest in its sector. They discuss when we may see the next big gold rally, oil stocks, chipmakers, and more.

☆ These mining ETFs are soaring as gold's rally powers ahead in January
▼ + stars: | 2023-01-31 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

The SPDR Gold Trust (GLD) , which tracks gold prices, has a return of more than 5% in January, roughly matching the S & P 500. The VanEck Gold Miners ETF (GDX) has doubled up the SPDR Gold Trust this month, while the small cap Junior Gold Miners ETF (GDXJ) has gained more than 8%. Silver mining ETFs are also doing well, even though the iShares Silver Trust (SLV) is negative for the month. ETFMG's Prime Junior Silver Miners ETF (SILJ) has gained more than 8% this month. The SPDR Gold Trust had dipped less than 1% for three straight trading sessions entering Tuesday.

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