If the market were to correct near term, I would expect the physical gold ETF, GLD, to hold up once again.
(Click on chart for easier viewing)
Wednesday, March 2, 2011
Physical Gold vs.Gold Stocks
Most GWM Model Portfolios currrently have a position in GLD (Physical Gold ETF). The chart below compares the performance of physical gold to a portfolio of gold stocks (GDX ETF) during the stock market decline in 2008. Physical Gold held up very well, while Gold Stocks languished during this period.
If the market were to correct near term, I would expect the physical gold ETF, GLD, to hold up once again.
If the market were to correct near term, I would expect the physical gold ETF, GLD, to hold up once again.
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