PMs at
Van Eck,
Global X and
BlackRock 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 [
profile] Silver Miners ETF was up 5.9 percent and the
Market Vectors [
profile] Gold Miners ETF was up 5.4 percent.
[
profile] 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.
To read more, click
here.
 
Edited by:
Casey Quinlan
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