Strained Gold Miners Could See Asset Writedowns
December 30, 2013 at 07:30 AM EST
Gold and gold miners likely cannot wait for 2013 to end. This was the year that bullion’s 12-year bull market ended in resounding fashion. The SPDR Gold Shares (NYSEArca: GLD) has tumbled 27.7%, but gold miners have been far worse as the Market Vectors Gold Miners ETF (NYSEArca: GDX) has slid...