Gold And Silver Miners: Reason For Optimism

ByChristopher F. Davis:Precious metals have had an absolutely amazing month. The SPDR Gold Trust ETF (GLD) was up 4.9% last month while the iShares Silver Trust (SLV) was up 13.5%.

Michael Johnston submits:Global X, the New York-based ETF issuer known for its line of sector-specific China ETFs, has launched two new ETFs focusing on stocks of copper and silver miners.

ByChristopher F. Davis: Introduction

ByChristopher F. Davis:Since the summer, gold and silver mining stocks have been outperforming the physical metals themselves and encouraged investors to buy then.

By Gary Gordon: Precious and industrial metal mining stocks were huge gainers during the bond-buying rumor rally.

ByChristopher F. Davis:Precious metals have had an amazing month in anticipation of a third round of quantitative easing in the United States and potential European Central Bank bond buying.

ByChristopher F. Davis:Gold and silver have both performed brilliantly in the last few weeks. The gold ETFs (IAU) and (GLD), and the silver ETF (SLV) were all on a tear in August rising 4.83%, 4.91% and 13.52%, respectively.

By Daryl Montgomery: Gold, silver and their mining stocks have been meandering sideways for months, but it looks like the early stage of a rally has begun. Confirmation of a sustainable uptrend hasn't taken place yet and that is the point when it's a good idea to be fully invested. There is enough reason to start accumulating a position, however.