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« 'There Is No Cure for this Disease...' | Main | How Much Gold Should the Common Man Own? »

Gold Miner ETFs: A Stage Set for Inflow Reacceleration?

RBC Capital Markets' mining and materials equity team says inflows could return in the September-end quarter based on "strengthening in net speculative position and positive gold price momentum."


Gold spot prices are down about 0.91% so far Tuesday, trading hands at around $1,278.60 per troy ounce in the afternoon.

SPDR Gold Shares (GLD) is down 0.72%, while VanEck Vectors Gold Miners (GDX) has tumbled a little over 1%. Flows into gold mining exchange-traded funds stagnated as gold prices tumbled, but there appears to be a turnaround coming.

read more....

 gold is consolidating now in preparation for a pop above $1300.00/oz

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