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iShares Global Materials ETF V.MXI


Primary Symbol: MXI

The fund seeks to track the investment results of an index composed of global equities in the materials sector. The fund seeks to track the investment results of the S&P Global 1200 Materials Index (the Underlying Index), which measures the performance of companies that S&P Dow Jones Indices LLC (SPDJI), a subsidiary of S&P Global, Inc., deems to be part of the materials sector of the economy and that SPDJI believes are important to global markets. It is a subset of the S&P Global 1200.


ARCA:MXI - Post by User

Post by rockhead7on Aug 11, 2011 12:08pm
329 Views
Post# 18931246

Iam plans

Iam plansMr Letwin was just on BNN.  He was asked point blank what he was going to do with his 1.2B in cash and 400M credit line.  His response-"we are in no rush"  This is a war of attrition-as I said before its a good thing that we cashed up when we did.  My thought is that the senior players know that equity financings are now tough and juniours are going to start running out of capital.  Rather than chase the little guys the producers will simply wait for them to run out of fuel and crash by themselves.  Its an absolutely perfect world for producers-jittery markets have hammered the juniours and raised the price of gold.  The vultures are circling, looking forward to a feast of epic proportions
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