Gold, Silver and Mining Stocks Pause
Source: Seeking Alpha, Tim Iacono (10/25/10)
"It's all about investors' risk appetite, and some of that disappeared last week."
I continue to think that the junior gold miners ETF would be a nice addition to anyone's investment portfolio and it is the star performer in the 2010 model portfolio with a gain of 39%, however, as should be clear in the upper right portion of the chart above, it can go down as fast as it goes up. At this point, it's all about investors' appetite for risk; and, last week, some of that appetite disappeared with the silver price being similarly affected.