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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

Comment by RichyRich$on Mar 24, 2015 1:32am
76 Views
Post# 23553789

RE:Silver Bags

RE:Silver BagsThe problem with leveraged ETF's is that they have huge erosion over time. So it's only good for 4 week periods if you can time the rallies. It's very hard to do because you could get caught in a pullback losing 20% in one day and panic sell, missing a strong rebound. You could have made 70% return in the past 2 weeks with JNUG (3X Leveraged Junion Miners which actually holds a lot of silver Juniors as well as gold) however if Gold and Silver kept sliding until Mid-April, you could have lost 50%. I'm actually holding Silvercorp a Canadian Miner with operations in China. It has the best EV/EBITDA out there. A good ratio to gauge takeover value because it factors in debt or low debt wher P/E Ratio doesn't factor in debt. Symbol SVM with huge upside versus downside. But I'm still holding a lot of MXI, because as you saw in the past 2 months, even with Gold/Silver dropping, MXI still rallied. In case Gold heads to $1,000 and Sivler to $12.00 to create a final bottom before a long-term rally, then holdng MXI would be a winner while the others slide further. Then you could sell MXI at $.25 or higher to buy the other lower. Not sure how it's all going to pan out, but MXI has 4X's upside even from $.12 if it gets bought out at $.50.
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