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GDX's Little Sibling: iShares MSCI Global Gold Miners ETF
Itinerant • Sun, Jun 9 • 2 Comments
Better Gold ETF Now? GDX Or GDXJ
Christian Magoon • Mon, Apr 16, 2012 • 7 Comments
RING: Thoughts On The New Gold Miners ETF From iShares
CommodityHQ • Mon, Feb 13, 2012 • 1 Comment

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Country Risk For Mining Jurisdictions - June Edition
Itinerant • Fri, Jun 14 • 9 Comments
Has The Gold Bull Market Hit A Snag? Tobias Tretter Says No
The Gold Report • Fri, May 31 • 5 Comments
ETF Sales Sending Gold From West To East, Mine Production Will Limit Downside
Hard Assets Investor • Wed, May 29 • 2 Comments
Gold Bulls Are Giving Up - Should You?
Avi Gilburt • Sun, May 26 • 47 Comments
Are Gold Stocks Oversold?
Franklin Templeton Investments • Wed, Apr 24 • 41 Comments
Is There A Silver Lining To The Gold Price Plunge?
AllianceBernstein • Sun, Apr 21 • 8 Comments
Yamana Gold And Newmont Mining: Time To Shine Again, Upgraded
Nick Chiu • Wed, Mar 20 • 7 Comments
Fidelity Increases Commission-Free ETF Count to 66
Ron Rowland • Mon, Mar 18 • 2 Comments
Gold Miner ETFs: Falling Knife Or Turnaround Play?
Tom Lydon • Thu, Mar 7 • 16 Comments
Gold Vs. Gold Miners: Is The Price Divergence Bullish Or Bearish?
Simon Maierhofer • Wed, Mar 6 • 20 Comments
Gold Miners Vs. The S&P - Surprising Conclusions
Louis James • Tue, Feb 12 • 7 Comments
Tim Iacono Positions For 2013: Most Investors Seriously Underweight Precious Metals
Tim Iacono • Tue, Jan 1 • 38 Comments
Defensive ETFs To Shield Against The Fiscal Cliff
Tom Lydon • Mon, Dec 17, 2012 • 3 Comments
The Sinking South African Rand And Gold Miner ETFs
Hard Assets Investor • Tue, Oct 16, 2012 • 3 Comments
The Definitive Guide To Investing In Gold
CommodityHQ • Mon, Oct 15, 2012 • 6 Comments
Gold Stocks To Play QE3
CommodityHQ • Thu, Oct 4, 2012 • 9 Comments
Weekly Gold ETF Report
Christian Magoon • Mon, Sep 24, 2012 • 2 Comments
Sell Gold Before Bernanke's Address Today
CommodityHQ • Thu, Sep 13, 2012 • 118 Comments
2012 Commodity ETF Launches: Winners and Losers
CommodityHQ • Mon, Sep 10, 2012 • 1 Comment
Inside Thursday's ECB Fueled Gold ETF Surge
Christian Magoon • Fri, Sep 7, 2012 • 2 Comments

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RING vs. ETF Alternatives

RING Description

The iShares MSCI Global Gold Miners Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI ACWI Select Gold Miners Investable Market Index.
See more details on sponsor's website

Sector: Basic Materials

Industry: Gold

Key Info

In Your Portfolio: A Guide to Commodity ETFs and ETNs, A Guide to International Equity ETFs
Asset Class Performance: Commodities, Global & Regions

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| Earnings
| Dividends
| M&A
| On the move

Monday, June 17, 12:47 PM Bullish on gold miners (GDX), Felix Zulauf - at the Barron's mid-year roundtable - suggests a speculative trade is in order given the beating the sector has taken. A purchase of December $30 calls partially financed with the sale of December $40 calls could be a 3 or 4-bagger with a moderate bounce in the index. 1 Comment [Commodities, Quick Ideas]
Wednesday, June 12, 2:18 PM Gold miners (GDX +1%) turn positive as gold climbs past $1,390/oz.: ABX +0.9%, GG +1.1%, NEM +1.2%, IAG +2.1%, GFI +1.3%, AUY +2.4%, NGD +1.3%. The link between gold miners and gold has been strong lately: The 24-day correlation between the spot price of gold and GDX has remained above 90% for five days, the longest such streak since July 2012. 5 Comments [Commodities, On the Move]
Friday, June 7, 7:15 PM Many gold miners still offer attractive dividends, but Newcrest Mining's (NCMGF.PK) likely dividend cut and Newmont Mining's (NEM) earlier dividend reduction have sector investors wondering if their stock is next. Miners are widely cutting exploration and capex to boost cash flow and try to return cash to shareholders, but dividend levels often are linked to gold prices. If prices keep falling, it seems sure that dividends would follow. 2 Comments [Commodities]
Friday, June 7, 2:09 PM Gold miners large (GDX -4.1%) and small (GDXJ -5.3%) alike are suffering a beat-down after jobs data from both the U.S. and Canada beat estimates; gold's gains for the week are entirely erased, and the metal "could melt even faster" if the global recovery continues. ABX -4.2%, AEM -6.7%, NEM -2.8%, GG -4.5%, AU -5.5%, EGO -5%, KGC -5.3%. SLW -2.8%, SSRI -7.3%, EXK -5.9%. GLD -2%, SLV -4.1%. 39 Comments [Commodities, On the Move]
Thursday, June 6, 9:35 AM An interesting note on gold (GLD) from JPMorgan notes the curious disconnect between the futures and physical markets - where the price is at a record premia to spot in China and India, and the U.S. mint can't keep up with demand. In good news for miners (GDX) trying to control costs, reports from Australia speak of mining equipment makers offering discounts and lead times for trucks falling from 2 years to 2 weeks. 10 Comments [Commodities]
Monday, June 3, 3:28 PM Gold mining stocks (GDX) could be reaching an inflection point, Barclays believes, pointing to early signs of performance improvement through the many cost reduction programs begun this year, plus compelling valuations. Goldcorp (GG +2.1%) is the firm's top pick among North American miners because it has the best growth profile and expected operating and capital cost declines in 2014. 2 Comments [Commodities, Quick Ideas, On the Move]
Thursday, May 30, 11:59 AM South African gold miners enjoy another strong performance, aided by rising gold prices and fresh lows in the rand; the rand-price of gold is up almost 10% in the last two weeks. Harmony Gold (HMY +9.9%) and Sibanye Gold (SBGL +5.9%), which own primarily South African assets, are surging; shares with more international exposure also post healthy gains: GFI +4.5%, AU +6.6%. 1 Comment [Commodities, On the Move]
Friday, May 24, 9:06 AM After spending years and billions eliminating their hedge books, gold producers (GDX) may need to return to their old habit - selling production forward - thanks to the metal's (GLD) sharp decline. "We think producers are under pressure to put on hedging," says SocGen's Robin Bhar. "The problem is it needs a cultural change ... Guys who used to hedge have lost their jobs." Renewed producer selling could put even more pressure on prices. 10 Comments [Commodities]
Thursday, May 23, 2:46 PM Gold's sharp rise today can be attributed to the dollar's drop vs. the yen; when the dollar drops, gold should rise, as their correlation during the past 24 days has hit -86%. A stock sector that's standing out is emerging market gold miners: South Africa’s Sibanye (SBGL), Harmony (HMY) and AngloGold (AU), plus Peru's Buenaventura (BVN) are stronger, even as their corresponding country ETFs (EZA; EPU) are in the red. 5 Comments [Commodities, On the Move]
Wednesday, May 22, 3:59 PM Prospects for gold mining stocks (GDX +1.2%) could be turning around at least in the short term, MKM Partners' Katie Stockton says. She would consider adding some exposure to take advantage of a short-term relief rally within the downtrend, adding "the trade is likely to play out in the near term or not at all, so we expect to know if it is working in the next week or two." 8 Comments [Commodities]
Monday, May 20, 12:57 PM As precious metals prices turn around, share prices of gold (GDX +4.7%) and silver miners (SIL +3.1%) surge: ABX +5.9%, GG +4.5%, KGC +6.4%, NEM +4.7%, SLW +4%. Even South African producers turn mixed, despite the call from the country's mine workers union for big pay increases: AU -0.8%, GFI +1.5%, HMY -0.5%. 2 Comments [Commodities, On the Move]
Friday, May 17, 3:22 PM Gold miners (GDX -3.2%) take another beating as gold continues to lose its allure amid disclosures of reduced bets by hedge funds, a World Gold Council report showing gold demand at a three-year low, and a surging dollar. For the miners, it's an ugly world of lower production, higher costs and falling prices. At least nine miners hit 52-week lows: NEM -3%, GG -2.7%, AUY -4.8%, HMY -6.3%, AU -2.5%, BVN -1.1%, ANV -7.4%, NG -2.7%, GSS -5.8%. 18 Comments [Commodities, On the Move]
Friday, May 10, 12:23 PM The mini-recovery in gold and metals mining stocks is stopped as gold prices sink 3% today to ~$1,425/oz. after closing higher in each of the past two weeks. A breach of key chart levels is prompting heavy selling of gold futures, already under pressure from a stronger dollar and rising stock markets. Among big miners: ABX -3%, NEM -2.1%, GG -1.6%, KGC -3.8%, SLW -2.7%, FCX -1.8%. Comment! [Commodities, On the Move]
Wednesday, May 8, 2:05 PM Today's dead-cat bounce in the mining sector looks like a reaction to the overwhelming bearishness, expressed in the options market yesterday by heavy buying of GDX puts. Volume in the gold miners ETF (GDX +4.8%) is only about average so far, indicating mere short-covering and no stampede back into gold stocks, Randall Forsyth writes. ABX +7.6%, GG +4.5%, NEM +4%. 5 Comments [Commodities, On the Move]
Tuesday, May 7, 2:10 PM Some big moves in today’s options trading make it appear that investors are banking on another drop in the gold miners ETF (GDX -3%), already -36% YTD. Volume in GDX options is heaviest in the June $27 strike puts, where nearly 40K puts have traded vs. open interest of ~16K contracts. Big miners are broadly lower: HMY -5.5%, GFI -5.2%, AU -3.2%, ABX -3.1%, EGO -2.8%, NEM -2.2%, GG -2%. 3 Comments [Commodities, On the Move]
Wednesday, May 1, 10:41 AM Gold miners (GDX) risk becoming a “barbarous relic” to equity investors unless they return more money to shareholders, warns BlackRock's Evy Hambro, whose commodities funds hold ~$7B in gold-related assets. Big miners have been "care free" in financing their expansion by issuing shares while gold prices were high; profitability per share has fallen, hurting long-term shareholders. (ETFs: GLDX, PSAU, NUGT, DUST, GGGG, RING, GDXJ) 1 Comment [Commodities]

RING iShares MSCI Global Gold Miners ETF

RING

iShares MSCI Global Gold Miners ETF