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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 wreakhavokon Aug 25, 2015 4:09pm
132 Views
Post# 24050274

Risk On!

Risk On!Quite the market reversal today. The price of gold to me seems directly related to the push and shove between China and the U.S....the struggle between the yuan and the dollar.  No doubt  the US banks,  like Morgan Stanley and Goldman Sachs want to continue to beat on gold, just selling, selling paper, like a brick wall. Who knows....cracks may start to appear, especially if people lose faith in Govenments ability to control things.
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