Buying gold miners? Here's what you should be aware of
The gold trade has picked up some steam this year as investors look to protect themselves from any financial shocks that might rock global markets. Concerns about the state of China’s economy, Europe’s economy and the US economy coupled with capital markets trading at all-time highs have inspired many investors to seek insurance in the form of precious metals.
Owning gold as an insurance policy has both drawbacks and benefits. Buying gold hoping that the price will rise in the event of a financial crisis is tantamount to speculation,...