September 17, 2012 at 08:58 AM EDT
How to Build a GLD-Free Gold Bug Portfolio
Gold’s massive historical returns have left no shortage of gold bugs in the commodity world. For years, investors have been flocking to the precious metal, choosing the commodity as their number one choice for safe haven investing. Gold also holds its appeal as being a potential hedge against inflation, allowing investors to protect their portfolios from a rise in prices. Although the yellow metal has no major industrial purposes, its demand across both developed and emerging markets has grown tremendously over the years as investors seek to add value and stability to their portfolios. In the gold exchange-traded product space, there is perhaps no fund more instrumental to gold’s rise than the SPDR Gold Trust (GLD), which just so happens to be the second largest ETF in the world. GLD is home to nearly $68 billion in total assets and trades over 9 million times a day. But in recent years there has been a significant amount of backlash from individual investors claiming GLD to be a sham and stating that the fund is nothing more than “paper gold”. Whether or not your looking to completely avoid GLD or simply want to diversify your gold exposure, we outline an all ETF portfolio that allows investors to establish a tactical tilt towards the lucrative commodity [for more gold news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: The Ultimate Guide To Gold Investing Gold Prices Surge After QE 3 Announcement 3 Countries With The Largest Gold Reserves Sell Gold Before Bernanke’s Address Tomorrow Soros Sells Gold ETFs, Bad News For Precious Metal Investors?
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