Emerging markets or gold miners junior
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LazyInvestor
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Emerging markets or gold miners junior
It seems both were hammered in the recent times. What would you put your VP money in VWO or GDXJ?
Re: Emerging markets or gold miners junior
I would go with GDXJ.
Over the past five years, the miners have done much worse than emerging markets.
Miners are down 60-70% over that time period. Emerging markets around 10%.
The S&P is at an all time high. If it tanks, I think it will be more likely to drag emerging markets down with it.
Just my hunch...curious to hear what others think.
Over the past five years, the miners have done much worse than emerging markets.
Miners are down 60-70% over that time period. Emerging markets around 10%.
The S&P is at an all time high. If it tanks, I think it will be more likely to drag emerging markets down with it.
Just my hunch...curious to hear what others think.
Last edited by AdamA on Thu Jul 18, 2013 1:44 pm, edited 1 time in total.
"All men's miseries derive from not being able to sit in a quiet room alone."
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Pascal
Re: Emerging markets or gold miners junior
I lost 60% in GFI. The talk is that the price of gold is below mining cost and mines will be shutting down until things change. That may be time to buy or time to avoid.
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Ad Orientem
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Re: Emerging markets or gold miners junior
-M. TwainA gold mine is a hole in the ground... with a liar at the bottom.
Trumpism is not a philosophy or a movement. It's a cult.
Re: Emerging markets or gold miners junior
LOL! Very goodAd Orientem wrote:-M. TwainA gold mine is a hole in the ground... with a liar at the bottom.