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Why Junior Gold Miners ETF Shines

This year has been all about gold, gold, gold. In an asset class that's booming, what has set the junior gold miners exchange traded fund (ETF) apart from the pack?

It's been a great year for gold miners .

Market Vectors Junior Gold Miners ETF (NYSEArca: 4 Reasons Gold Is Still a Popular Bet.]

Gold miners are hot for several reasons:

  • Simply because they mine a hot product. Gold's price is near records, giving miners both big and small solid profit margins.
  • There's demand for more gold, keeping these guys busy to meet it.
  • Smaller gold companies are often acquisition targets for the larger ones. Big companies can't ramp up production as easily, so it's often just easier to buy a new one.

Jordon Roy-Byrne for Minyanville says the gold bull market is going to be around for some time, with corrections revealing fresh opportunities. [ ETF Spotlight: Market Vectors Junior Gold Miners. ]

Tisha Guerrero contributed to this article.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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