Gold and silver mining stocks have done precious little for ETF investors' portfolios in 2015. In fact, their performance has been negative for several years in a row. Spot gold is trading at multiyear lows. Some market watchers view this as a buying opportunity for gold, as well as gold miners and explorers. But not one ETF strategist, who in January sold out of gold miners in a flagship asset allocation model. Year to date, Market Vectors Gold
Friday 7 August 2015
Why This ETF Strategist Sold Off Gold Mining ETFs
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Gold and silver mining stocks have done precious little for ETF investors' portfolios in 2015. In fact, their performance has been negative for several years in a row. Spot gold is trading at multiyear lows. Some market watchers view this as a buying opportunity for gold, as well as gold miners and explorers. But not one ETF strategist, who in January sold out of gold miners in a flagship asset allocation model. Year to date, Market Vectors Gold
Gold and silver mining stocks have done precious little for ETF investors' portfolios in 2015. In fact, their performance has been negative for several years in a row. Spot gold is trading at multiyear lows. Some market watchers view this as a buying opportunity for gold, as well as gold miners and explorers. But not one ETF strategist, who in January sold out of gold miners in a flagship asset allocation model. Year to date, Market Vectors Gold
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