MORE BARRON'S
Barron's also trumpeting the value of NEM in the precious metal sector and I bet they are correct on this one. Single stock risk in the volatile sector however could cause some angst and with the recent close of the best performing Vanguard Precious Metals Fund (VGPMX), I like the chances of the new Gold Mining Etf, GDX. Biggest components include ABX (14%), NEM (13%), AU (6.5%), GG (6%), FCX (5%), GFI(5%). The often mentioned PAAS and SSRI are also included but at lower percentages (about 1% each). Can we say buy the dips as the dollar will no doubt fall over the long term and inflation will creep higher.
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