Good time for you to buy gold

Article Excerpt

For many investors, gold represents a “safe harbour” amid COVID-19 turbulence. That’s reflected in the sharp price jumps we continue to see. We expect gold-loving markets in Asia and other emerging markets to rebound after the coronavirus. That should further spur gold purchases, taking gold stocks even higher. What’s more, if inflation rises over the next few years as a result of the trillions of dollar that governments spend to counter the impact of COVID-19, these stocks will attract new interest. We think gold and gold stocks have much more growth to offer savvy investors. The following ETFs let you tap that growth. Starting on page 69, we take a look at the role of central banks in helping finance government stimulus programs and the possible consequences, including high inflation. We look at how that and other key factors may further spur gains for gold investors. SPDR GOLD SHARES ETF $163.57 (New York symbol GLD; TSINetwork ETF Rating: Aggressive; Market cap: $62.4 billion) invests in gold…