| MARKET CONDITIONS PROFILED: Market Vectors Gaming Fund (BJK) |
The government's "E-Z Credit" policy isn't just driving up real estate and stock prices. It's also getting people to the slots. We monitor a list of more than 70 investment funds. The list covers every major country, sector, commodity, and currency.
When we rank this list of funds according to 12-month performance, we find the Market Vectors Gaming Fund (BJK) at the top. BJK consists of the world's major casino operators. Massive operators Wynn Resorts, MGM Resorts, and Las Vegas Sands are large holdings.
As you can see from the chart below, the Bernanke Asset Bubble isn't just sending money toward regular stocks and bonds. It's also driving people to gamble. Big casinos are reporting growing profits and BJK is up 40% in the past year. Bernanke is good for gambling both in the stock market and in Vegas.
When we rank this list of funds according to 12-month performance, we find the Market Vectors Gaming Fund (BJK) at the top. BJK consists of the world's major casino operators. Massive operators Wynn Resorts, MGM Resorts, and Las Vegas Sands are large holdings.
As you can see from the chart below, the Bernanke Asset Bubble isn't just sending money toward regular stocks and bonds. It's also driving people to gamble. Big casinos are reporting growing profits and BJK is up 40% in the past year. Bernanke is good for gambling both in the stock market and in Vegas.
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