OTCPK:MEAOD - Post by User
Post by
sapiensunuson Feb 09, 2013 1:07pm
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Post# 20963126
Market Vectors Gold Miners
Market Vectors Gold Miners If individual small caps give you the jitters and you want to diversify in the sector…
Here are some other instruments to consider when gold mining investing if you believe the sector is bottoming. Although the bang for the buck may not be the same and some may consider ETF’s the enemy… It’s possible to employ them as a cash generator and they may be something you may want to use as an investment vehicle secured by the “basket or group” theory. Another good thing about ETF’s is that they are widely traded and highly liquid.
I AM IN NO WAY TRYING TO SELL AN ETF… JUST PUTTING SOME IDEAS OUT THERE!
GDX, GDXJ and RING.
Like MTO and many in this sector GDXJ is also going through a bottoming process and is a good indicator of what’s going on in the sector. Others are Mundoro Capital and Radius Gold… (high risk reward ratio but also hitting hard times).
GDXJ:NYE...Representative of the group.
Mundoro Capital:
If interested:
https://www.etftrends.com/2012/07/three-gold-miner-etf-options/
GWH