Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by RichyRich$on Feb 28, 2015 11:05am
55 Views
Post# 23475524

RE:Major change upcoming in the gold trading

RE:Major change upcoming in the gold tradingThere was already convictions in the U.K. for gold/silver price fixing. It was investigated because there were times when they caused the system to blip. I remember day trading back then in 2013 when gold did a $60 flash drop instantly. The chart had a huge unnatural gap. As Will mentioned before, spot gold will have less influence on Merrex, but it will have some. Especially if IamGold is to buy them out, we want to see.the positive influence of gold prices on IamGold. The better off they are, possibly the higher the buyout amount. From what I read, many analysts believe that because price fixing and manipulation in gold/silver is being investigated, they might give up on the push for gold $1,000 and just let it run this time. The COT managed money shows little short percentage. Which means a rally in gold now would be a true rally and not just a short squeeze. The short squeeze covering and quick re-entering of short positions is causing so much volatility in spot gold prices. Either way... even if gold drops, Iamgold or Rangold will need quality areas like Merrex's even more.
<< Previous
Bullboard Posts
Next >>