Investors Like GDX Despite Performance
The Market Vectors Gold Miners ETF (GDX | A-54) has now slipped some 50 percent so far this year in a performance that puts it among some of the worst-performing ETFs in 2013, yet investors continue to pour assets into the fund in what most likely amounts to unwavering institutional investor appetite for their favorite proxy for gold, as well as spillover demand from investors getting out of SPDR Gold Trust (GLD | A-100).
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