| Greg King, chief executive officer at Rex Shares, discusses the price of gold, investing through ETFs and the outlook for the commodity. Last month REX launched the REX Gold Hedged S&P 500 ETF and the REX Gold Hedged FTSE Emerging Markets ETF . Both exchange-traded funds enable investors to diversify their portfolios by accessing exposure to the precious metal without reducing equity allocations.
The exchange traded funds also can help protect against the risk of a weakening U.S. dollar through exposure to the yellow metal, according to King. King speaks to Bloomberg's Vonnie Quinn on "Bloomberg Markets."..............................................Full Article: Source
|