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Not ACDC; REMX!
This year has seen a plethora of metal ETF’s brought to market and pitched to retail investors.
Today Van Eck begins trading their new Market Vectors Rare Earth/ Strategic Metals ETF: REMX. It was originally named the Minor Metals Fund, but then a focus group got involved, and you now have the Rare Earth Strategic Metals Fund. Think about it. Something that is Rare will go up, and something that is Minor will, errr sink.
Unlike some ETF’s, which are just easy (like SPY, which is a basket of the
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Themis Trading is an independent, no-conflict, institutional agency brokerage firm specializing in equities. The purpose of our blog is for a discussion of market structure issues as well as general market commentary.
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