| Investing in gold has been pretty rough this year. The pain became more acute when it came to investing in gold mining ETFs as these often trade as leveraged plays on gold. The precious metal was badly beaten down in the first nine months of the year be it in physical or equity form.
Let’s see how things shaping up now for the near-term and long-term investment purpose: Thanks to the lingering uncertainty in the taper timeline, especially after the Fed’s latest comments that a scale back in QE might be in the cards in next few FOMC meetings, investors fled precious metals in droves...............................................Full Article: Source |