Monday, March 2, 2015

Gold Stocks: I Recently Bought A Sector ETF

I actually bought a mining ETF recently. Gold stocks have gone down a whole lot more than gold and sometimes you can make money on those stocks or you should be buying them anyway in situations like that because they can go up even if gold goes sideways, they can go up even if gold goes down just because they got beaten up so much.

Related ETF: Market Vectors Gold Miners ETF(NYSE:GDX),

Related stocks:  Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), Novagold (NG), Kinross Gold (KGC), Randgold Resources Ltd. (ADR)(NASDAQ:GOLD)

Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).