|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||24.89 - 24.97|
|52 Week Range||24.09 - 25.86|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.64%|
Last week, the price of gold spiked above $1,400 per ounce, a level that, according to Joe Foster, Portfolio Manager for the VanEck International Investors Gold Fund (INIVX), signals the beginning of a new bull market for gold. In his latest Gold Market Update, released yesterday, Foster discussed the factors that have been driving gold’s price higher, including recent changes in the U.S. Federal Reserve’s outlook that increase the chances of future rate cuts, the European Central Bank’s comments from earlier this month signaling that further rate cuts may also be a possibility in Europe, falling U.S. Treasury rates and a declining U.S. dollar. “If gold holds above the $1,400 per ounce trading level over the course of this week, we believe there is a very good chance that this marks the beginning of a new gold bull market.
Leading cryptocurrency Bitcoin crossed the $9,000 mark for the first time since May 2018 amid the hype over social media giant Facebook and its latest cryptocurrency offering. Instead of checking their banks to ensure their direct deposit went through, Facebook employees could open their cryptocurrency wallets on pay day as the social media giant will be rolling out its own digital currency soon. This news is setting the cryptocurrency space abuzz with optimism as Bitcoin reached a high of $20,000 near the end of 2017 and fell over 70 percent since, but is climbing back to prominence again following this news.
Once Bitcoin spiked liked energy levels after a can of Red Bull near the end of 2017, it also came crashing down in 2018, but 2019 is seeing the leading cryptocurrency rise over 150 percent to its current price of just under $8,700. “A lot of people got suckered into this pump-and-dump scheme because they heard all the stories about young kids taking their Bar Mitzvah money into bitcoin and bought a Lambo," said Schiff at the 2019 SALT Conference. Bitcoin purveyors have often referred to the cryptocurrency as the new replacement of gold.
Risk-on was back in U.S. equities after the Dow Jones Industrial Average fell over 200 points on Wednesday due to trade spat fears. In the meantime, gold prices dipped modestly as the the Labor Department ...
DUST seeks daily investment results before fees and expenses of 300 percent of the inverse of the daily performance of the NYSE Arca Gold Miners Index. Furthermore, investors can consider funds like the VanEck Vectors ® Real Asset Allocation ETF (RAAX) .
After the last week’s volatility-laden performances in the major indexes, it might seem that investors would want to hide away into safe haven assets like gold. However, prices for gold are on the brink ...
MAAX is based on a proprietary model that uses momentum, duration and credit risk indicators to tactically allocate among selected VanEck Vectors® municipal bond ETFs.
The price of gold is lingering under $1,300, but the latest decision to keep rates unchanged could help exchange-traded funds (ETFs) that allocate to real assets like the VanEck Vectors ® Real Asset Allocation ETF (RAAX) . RAAX uses a data-driven, rules-based process that leverages over 50 indicators, including technical, macroeconomic and fundamental, commodity price, and sentiment. The aforementioned indicators identify the segments with positive expected returns.
A distinguished panel of ETF industry experts selected VanEck Vectors® Real Asset Allocation ETF (RAAX®) for Best New Alternatives ETF and VanEck Vectors® Video Gaming and eSports ETF (ESPOTM) for Thematic ETF of the Year and People’s Choice Award. At last night’s ETF.com Awards Dinner in New York City, RAAX was awarded the Best New Alternatives ETF while ESPO took home the People’s Choice Award and was co-winner of the Thematic ETF of the Year. ESPO seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Global Video Gaming and eSports Index (MVESPOTR), which is intended to track the overall performance of companies involved in video game development, esports, and related hardware and software.
Responding to Rising Risks(Continued from Prior Part)VanEck BUTCHER: Great, thank you. And can you tell me a little bit about each one? SCHASSLER: Sure. The VanEck NDR Manage Allocation Fund is a global tactical asset allocation strategy. It’s
VanEck announced today preliminary yearend distribution estimates for its VanEck Vectors® equity exchange-traded funds.