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Commodities Briefing - Categorized | Bullion/Gold, ETFs / ETCs, Investment more

Why investors shouldn’t lose interest in gold producers

Posted on 31 October 2013

The reason behind this is both simple and apparent: gold bullion prices have declined and as a result, gold producers are facing pressures. Pessimism towards gold producers is very high; some are even calling them the worst investment to hold in your portfolio.
Just look at the chart below of the Market Vectors Gold Miners ETF, an exchange-traded fund (ETF) that tracks the performance of well-known gold producers. This ETF has lost more than half of its value since 2012, with a majority of the losses coming in 2013. So why would an investor want to buy this ETF? After all, no one wants to catch a falling knife……………………………….Full Article: Source


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This post was written by:

VRS - who has written 34604 posts on Opalesque Commodities Briefing.


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