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.

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 Nov 02, 2016 2:00pm
137 Views
Post# 25416724

RE:RE:RE:News Release

RE:RE:RE:News ReleaseI do appreciate the positivity though Netgenx. It is a good mine site and should be higher if well promoted. But I couldn't help but notice. A few posts ago you mentioned don't worry when Gold hits $1,350 again MXI should be back up to the $.23 to $.25 range. I couldn't help but notice today Gold hit $1,309 and MXI minimal response. We peaked at $.175. If leveraged to Gold we should have popped over $.20 today as Gold hit $1,309. The problem is that we're not leveraged to the upside of Gold but I guarantee you would be leveraged to the downside. Like if Gold tanked to $1,050 again... I guarantee MXI would drop way lower. But we should be somewhat leveraged to Gold if the outlook is a long term uptrend. Eventually we would get bought out based on Gold price and hit production. The good fundamentals should prevail longterm and this should be a buying opportunity. I bought all I could. But Netgenx you mentioned you sold some MXI at $.22 before. Are you buying back more lower now?!
<< Previous
Bullboard Posts
Next >>