Filed under: ETF Investing, Stocks to Buy
Gold exchange-traded funds (ETFs) and exchange-traded notes (ETNs) have become the new fad for 401k plans and individual investors. Folks have been flocking to the key gold ETFs via SPDR Gold Trust (GLD), Market Vectors Gold Miners ETF (GDX), iShares COMEX Gold Trust (IAU) and even the ETFS Physical Swiss Gold Shares (SGOL). In fact, the SPDR Gold Trust would be one of the top five or six central government banks in the world if measured solely in gold holdings.
Anytime you get a hot market, as we can see now with gold, you can bet more investment vehicles pop up to capitalize on the fad. Enter leveraged gold ETFs and ETNs, which add another layer to playing the gold market right now.
Continue reading Out-of-Control Gold Meets Leveraged ETN and ETF Products
Out-of-Control Gold Meets Leveraged ETN and ETF Products originally appeared on BloggingStocks on Thu, 14 Oct 2010 13:00:00 EST. Please see our terms for use of feeds.
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