15.07.2015 - Gold ETFs Fail The Volatility Test
In my experience as an investment advisor, gold bullion and other precious metals are often times a very polarizing asset class to own. You either love it because you are worried about inflation, currency manipulation and market volatility, or hate it because you have no idea when it actually works to hedge those themes. Anyone who has been watching the price of the SPDR Gold Shares ETF over the last four years has seen the deflationary pressures this yellow metal has succumbed to. GLD peaked near $185 back in 2011 and is currently trading near its lowest levels of this bull market at $110. That represents a total decline from peak to present day of 40%...............................................Full Article: Source
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