17.09.2014 - Is It Time to Buy Market Vectors Gold Miners ETF
Over the past month, I've written two articles about Market Vectors Gold Miners ETF discussing both reasons it could be a good investment and reasons it could lose value. The yellow metal is a divisive topic in the investing world. Some people tout gold investing -- whether in gold itself through a vehicle like the SPDR Gold or in gold miners as a proxy for gold -- as a safe and market-beating way to invest. Others are stoutly against gold as an investment vehicle. What I haven't discussed, however, is whether the Market Vectors Gold Miners ETF is worth buying today. And my answer, in short, is no. Let me explain. Gold's recent performance is alluring, but this gold miners ETF may not be a good proxy From early 2001 to 2011, gold had its best bull run in more than a century as an investment asset before losing about 30% of its value from 2011 until now.............................................Full Article: Source
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