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Gold’s respective 18% and 16% gains were met with GUY gains of a whopping 96% and 105%, offering outstanding leverage of 5.3x and 6.5x. And though gold has failed again following its early-2014 upleg, GUY has exhibited exceptional strength as seen in an uptrend that’s held for nearly 1.5 years.

Gold mining - Wikipedia

Gold mining is the resource extraction of gold by mining. As of 2016, the world's largest gold producer was China with 463.7 tonnes. The second-largest producer, Australia, mined 287.3 tonnes in the same year, followed by Russia with 274.4 tonnes.

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In addition, many small mines use mercury for the separation of gold, while large mines instead use cyanide. Both chemicals are very toxic, and mercury is persistent in the marine food chain. Gold mining in Alaska. Gold mining has a long history in Alaska, beginning with the Klondike Gold Rush at the end of the 1800s.