Beyond GLD: Three Alternative Precious Metal ETFs

By: ETFdb
As the American economy continues to tread water, many investors have grown increasingly concerned about a double-dip recession. This has pushed dollars into the bond markets which has caused prices to soar as investors attempt to protect themselves from any future economic storms. However, with yields now approaching record lows, investors have started to rethink this move into bonds, especially considering the dire fiscal position that most governments find themselves in. These worries over a sovereign debt crisis have caused many to rethink their portfolio allocations and reconsider a larger allocation to what some call the ultimate safe-haven; gold. Gold prices have been soaring higher as of late as fears have escalated across the world; an ounce of the yellow metal is now fetching over $1,275, an all-time high. This price also represents a premium of over 27% from the metal’s 52 week low in early October of 2009 when gold [...] Click here to read the original article on Related Stories: Physical Platinum ETF (PPLT), Palladium ETF (PALL) Launch PPLT, PALL Come Flying Out Of The Gate ETF Securities To Launch Precious Metals ETFs In Japan
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