Gold mining ETFs are fairly harmful to the industry, stated Kai Hoffman, CEO of Oreninc.
" You can buy it, you can quickly follow the gold price, you can make your 30% a year as well as I make certain you'll more than happy, yet it does not aid the underlying sector of the junior travelers because those ETFs do not buy private placements," Hoffman told Kitco Information on the sidelines of the Vancouver Source Investment Conference.
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