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VanEck Gold Miners ETF GDX

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index. The fund normally invests at least 80% of its total assets in common stocks and depositary receipts of companies involved in the gold mining industry. The index is a modified market-capitalization weighted index primarily comprised of publicly traded companies involved in the mining for gold and silver. The fund is non-diversified.


ARCA:GDX - Post by User

Bullboard Posts
Comment by elgin1on Jun 09, 2013 2:40am
316 Views
Post# 21504084

RE: GOLD down to 1200 $. NO WAY !!!

RE: GOLD down to 1200 $. NO WAY !!!

All the technical analysts see gold finally bottoming at $1200 or $1325 before it ralles back up $1900 before year end.  The main thing is that the physical demand is very strong and that the future trading paper price is quite devergent from the physical demand of gold. 

Bullboard Posts