October 03, 2012 at 09:00 AM EDT
Three ETFs To Play the South African Mining Strike
The South African mining strike that began on September 10th has continued to spread throughout the country. As the strike has picked up momentum, investors have begun to worry about the impact on commodities . South Africa is one of the most resource-rich nations on earth, as its soil is home to an abundance of hard assets, especially precious metals. The current strike first impacted the platinum and palladium industry, but quickly spread to the gold industry as well. Dozens have been killed in the protests that involve a fight for better working conditions and more fair wages. See the full story here → Related Posts: Precious Metals Roundup: Gold Leads, Silver Lags Checking in On Precious Metals ETFs in 2012 The One Chart Every Commodity Trader Must See Warning: Counterfeit Gold Bars Spotted in U.S. 5 Commodity ETFs With Active Options
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