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tdp2664 InvestorPlace Market Vectors Gold Miners ETF (AMEX: GDX ) — This exchange-traded fund (ETF) seeks to replicate the price-and-yield performance of the AMEX Gold Miners Index . The fund generally normally invests at least 80% of its total assets in the common stocks of companies involved the gold mining industry. Gold has been a strong performer for almost all of 2011, but gold mining stocks have made slow progress. Now, however, GDX has broken from a triple-top as a result of the miners cashing in on the high price of the metal and their ability to dig for gold that was previously not economically feasible.
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