It’s the 2012 Saturday morning slot again, with the last five days’ worth of action in the gold bullion ETF (GLD), the silver bullion ETF (SLV), the miner ETF (GDX), the junior miner ETF (GDXJ) and the copper ETF (COPX), all in visual form:
Simple summing-up of last week: The metals beat the miners. Interesting that SLV should track its bigger sibling GLD so closely, though. As for the mining ETFS, the juniors list did worst (I hear the phrase “risk off” is now out of fashion, so what can I use nowadays, dedicated followers?) but the 3% to 4% downing of GDX and COPX aren’t much to boast about, either.