3 Reasons Market Vectors Gold Miners ETF (GDX) Could Fall
In short, an improving economy tends to dampen investor interest in gold. This will put further downward pressure on the price of gold, hurting gold miners like Silver Wheaton, Barrick Gold, Goldcorp, and Newmont Mining on the bottom line. That will in turn drive the price of Market Vectors Gold Miners ETF further down.
Why Silver Wheaton Corp. Stock Has Skyrocketed 23% in 2014
Even as precious metals remain at depressed levels, the silver-streaming specialist has bounced back from a terrible 2013.