The Gold Miners ETFs are up 20 to 60% in 2015 (Already!)


Gold miners are back.

Gold miners are on fire after taking a beating just about dying in 2014.  The returns in the most popular gold mining ETFs are off the charts.  The most popular of them all that contains the most assets is the Market Vectors Gold Miners ETF (GDX) which is up 21% in 2015. That's right the year just started and gold miners are on fire, the Direxion Shares Exchange Traded Fund Trust (NUGT) is up an incredible 67% this year already.

Despite this bullish return the problems facing the gold miners have not vanished. Rather the trading robots, swing traders and hedge funds are trying make a quick buck to start the year after getting creamed in 2014.  The price of gold has increased since hitting a bottom in November but the problems facing the miners of dimishing cash, struggling balance sheets, massive debt, increased players, and a declining price in gold are pushing miners to the brink.

Many of the miners that make up these ETFs will not survive 2015, they may get acquired but many will just go out of business. Read Gold miners struggle to shine in investors’ eyes to get an idea of just how hard it is for the gold miners.

mastery bottom line


Use caution if you are thinking about loading up on the gold miner ETFs. The momentum is with these ETFs for now but they have come very fast in a short amount of time. Expect volatility if you are going to play these ETFs.




Symbol Name Price Change Assets * ▼ Avg Vol YTD
GDX Market Vectors Gold Miners ETF $22.16 +3.17% $6,897,300 63,201,984 +20.57%
GDXJ Market Vectors Junior Gold Miners Fund $28.89 +1.08% $1,816,082 20,058,877 +20.73%
NUGT Direxion Daily Gold Miners Bull 3X Shares $18.68 +10.14% $913,449 16,340,975 +67.38%
JNUG Direxion Daily Junior Gold Miners Index Bull 3x Shares $40.43 +4.12% $282,221 2,896,682 +66.11%
SGDM Sprott Gold Miners ETF $21.00 +3.14% $142,154 192,233 +19.59%
DUST Direxion Daily Gold Miners Bear 3X Shares $12.77 -10.95% $136,032 5,274,684 -48.22%
JDST Direxion Daily Junior Gold Miners Index Bear 3X Shares $7.96 -4.44% $66,749 4,777,025 -49.30%
RING iShares MSCI Global Gold Miners ETF $9.02 +3.32% $54,672 126,378 +21.07%