Fri, Sep 19, 2014, 11:58 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Market Vectors Gold Miners ETF Message Board

  • pasdechat2003 pasdechat2003 Dec 3, 2013 5:50 PM Flag

    GDX's RSI is 28.80

    Hopefully selling is coming to an end. Hopefully

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The European Central Bank (ECB) and the People's Bank of China (PBOC) agreed to a direct swap – bypassing the dollar – as trade increases between the two areas. You can read the article here.

      China is the European Union's second-largest trading partner behind the U.S. The EU exported 71.4 billion euros worth of goods to China in the first six months of this year and imported 133.6 billion euros worth, according to data from Eurostat, the European Union's statistical office.

      The implications for the dollar are severe… Because the dollar is the world's reserve currency, foreign nations must change their money to dollars before transacting. This agreement between the ECB and China – which lasts for three years – pushes the dollar out of the equation and strengthens the yuan. In comes Gold

 
GDX
22.66-0.47(-2.03%)Sep 19 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.