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

iShares Global Materials ETF > Silver

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Comment by wilwalon Jan 07, 2016 2:24pm

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Post# 24437507

RE:RE:Silver

We are currently seeing POG rising as a fear trade. The fundamentals for gold are still poor though. If fear from China subsides, I think we will see gold slip back quite quickly. However, China may well be a house of cards and the fear trade on gold could last for awhile yet.

Take the fear factor out of gold and I'm thinking no recovery until 2017 at least until we start to see a pattern of supply declines throughout 2016.

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