These ETFs hold leading gold & silver stocks

Article Excerpt

Gold is up 7% over the last six months and now trades at $1,286 U.S. an ounce. Silver is up 2% to $14.90 U.S. Those gains generally reflect the belief that slow global growth will hold back U.S. interest rate increases. That would strengthen the likelihood of a falling U.S. dollar and much-higher inflation. Typically, both of those factors are needed to significantly boost demand for gold and silver. We don’t see either precious metal as essential for a sound portfolio. For one thing, profiting from them involves considerably more guesswork than other aspects of investing. The markets for widely traded goods like gold and silver are so big that there is no practical limit to how much you can trade in them. It follows that if you could predict future demand, you could wind up acquiring a measurable proportion of all the money in the world. But no one does that. If you want to invest in gold or silver, the best way…