PMs at Van Eck
, Global X
should all be smiling this morning thanks to Ben Bernanke
On Wednesday the Fed chairman said that the tapering process would not start very soon, causing prices of risk-on ETFs to spike, Barrons
Brendan Conway reported.
Precious metals, emerging markets and homebuilder ETFs performed the best. Mining ETFs, which have been hurting for a while now, were up.
The Global X
] Silver Miners ETF was up 5.9 percent and the Market Vectors
] Gold Miners ETF was up 5.4 percent.
] iShares Emerging Markets Index was up 3.6 percent and homebuilder ETF iShares Dow Jones U.S. Home Construction ETF is up 4.5 percent.
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