2013, a year that thus far has seen the most popular gold and silver ETFs, the SPDR Gold Trust (NYSEARCA:GLD) and the iShares Silver Trust (NYSEARCA:SLV) drop 17.3% and 27.0%, respectively. The ETFs that track the miners of these metals, absolutely battered. The Market Vectors Gold Miners ETF (NYSEARCA:GDX) and the Market Vectors Junior Gold Miners ETF (NYSEARCA:GDXJ), are down much more compared to the metals they produce, losing 36.4% and 39.3%, respectively. I maintain the opinion that for the long-term investor, this huge dip has provided opportunity to find value in the sector.
In the present article, I highlight an update to the reserves and provide updates regarding progress on Vista...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|