Preferred Gold ETF
Hi James & Team, After reading your recommendation to overweight gold, I am interested in getting some exposure to gold . Rather than investing in a single gold stock, which is your preferred gold ETF? Thanks Sidney
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Answer
Hi Sydney,
Two ways to go here, investing in Gold itself and for that we like GOLD which is ~$2b ETF issued by ETF Securities (details here) or consider an ETF that has a broad suite of Gold Companies, for this we like the VanEck Vectors Gold Miners ETF (GDX) (details here).
Technically the GDX initially looks set for a test of $39, or ~20% upside.
