Get ready for precious metals gains

Article Excerpt

Precious metals should let you profit over the next few years if inflation rises (a clear possibility), and gold, silver and platinum stocks attract new investor interest. What’s more, if the world economy, particularly emerging economies, continues to expand, consumer gold purchases will rise as well. This too could help push up gold prices—and in turn silver and platinum. (See the supplement on page 109 for more on these three precious metals, including how they interact with each.) Here are three ETF buys that provide you with easy access to portfolios directly holding precious metals. SPDR GOLD MINISHARES ETF $15.04 (New York symbol; GLDM; TSINetwork ETF Rating: Aggressive; Market cap: $957.8 million) invests in gold bars. Each unit of the trust represents 1/100th of an ounce of a gold, adjusted for expenses. The ETF is set up in the form of a trust, the sole assets of which are gold bullion, and, from time to time, cash. The ETF gives you a means of participating in…

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