How to Cash in on Gold

While you haven’t made any money over the past 10 years in mutual funds and the stock market, at the same time gold has risen over 400%.  Gold will remain a solid investment for some time with inflation on the horizon and the Federal Reserve printing money out of thin air.  Some have forecast the price of gold to get to $1,500 an ounce within a year!
There are many ways to benefit from the yellow metal’s parabolic rise.  You can buy physical gold (bullion) from several retailers.

However, an easier and better method is to play GOLD Exchange Traded Funds (ETFs).  An ETF is similar to a mutual fund except you can buy and sell like a stock.  The following are a list of ETFs that track the price of gold:

Symbol Description
DGL PowerShares DB Gold Fund ETF
GDX Market Vectors Gold Miners ETF
GDXJ Market Vectors Gold Miners Junior ETF
GLD StreetTracks Gold Shares ETF
GLDX Global X Gold Explorers ETF
GLL UltraShort Gold ProShares ETF
GLZ IQ Global Gold Small Cap Equity ETF
HUG Horizons BetaPro COMEX Gold ETF
IAU iShares COMEX Gold Trust ETF
SOGL ETFS Physical Swiss Gold Shares ETF
UGL ProShares Ultra Gold ETF
DBB PowerShares DB Base Metals Fund ETF
DBP PowerShares DB Precious Metals Fund ETF
GLTR ETFS Physical Precious Metal Basket Shares
PSAU the PowerShares Global Gold & Precious Metals ETF
XME SPDR S&P Metals & Mining ETF
DGP DB Gold Double Long ETN
DGZ DB Gold Short ETN
DZZ DB Gold Double Short ETN

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