March 07, 2013 at 10:32 AM EST
Gold Miner ETFs: Falling Knife or Turnaround Play?
Gold miner ETFs have been brutal to investors for years, sort of a falling knife and a value trap wrapped into one. The sector has trended lower since late 2011 despite some violent rallies along the way. Market Vectors Gold Miners ETF (NYSEArca: GDX) rallied more than 4% on Wednesday after...
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