Precious Metals ETFs Melt In the August Heat
September 05, 2008 at 04:00 AM EDT
The double-digit losses in one month for precious metals exchange traded funds (ETFs) is yet another example of how jumping into hot markets can leave you burned when you don’t stick to the plan. Over the summer, these ETFs were the “safe havens” during market turmoil, but as the U.S. dollar regained its strength, the bandwagon [...]