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ETF Switch

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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ETF Switch

Hi What is your opinion on selling GEAR for a nice profit and buying GDX with some of the profits. GEAR has struggled to get above $24 in the current climate - so is it time to move on?

Answer

Hi Michael,

Effectively your suggesting exactly what we’ve been advocating in our recent reports and in fact executing across our portfolios i.e. lighten exposure to equities and increase exposure to gold.

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Vaneck Gold Miners ETF (GDX US)
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