Gartman: This ETF Will Probably Outperform Gold (GDX, GDXJ, GLD)
In this “Fast Money Halftime” excerpt, investor Dennis Gartman predicts the “boring” gold market will probably move higher after “making everybody angry” by breaking down in the next month or two. And for “the first time in years,” he thinks investors will probably do better by playing gold with a certain stock ETF rather than playing gold itself.
See the full “CNBC” interview below:
Gartman: This ETF Will Probably Outperform Gold (GDX, GDXJ, GLD)
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In this “Fast Money Halftime” excerpt, investor Dennis Gartman predicts the “boring” gold market will probably move higher after “making everybody angry” by breaking down in the next month or two. And for “the first time in years,” he thinks investors will probably do better by playing gold with a certain stock ETF rather than playing gold itself.
See the full “CNBC” interview below:
Related:
Market Vectors Gold Miners ETF (NYSEARCA:GDX)
The Market Vectors® Gold Miners ETF (GDX) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of NYSE Arca Gold Miners Index (GDM). GDM is a modified market capitalization-weighted index, and provides exposure to publicly traded companies worldwide involved primarily in gold mining, representing a diversified blend of small-, mid- and large- capitalization stocks. As such, the Fund is subject to the risks of investing in this sector.
Market Vectors Junior Gold Miners ETF (NYSEARCA:GDXJ)
The Market Vectors® Junior Gold Miners ETF (GDXJ) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Junior Gold Miners Index (MVGDXJTR), a rules-based, modified market capitalization-weighted, float-adjusted index intended to investors exposure to small- and medium-capitalization companies in the gold or silver mining industry.
SPDR Gold Shares (NYSEARCA:GLD)
SPDR Gold Shares offer investors an innovative, relatively cost efficient and secure way to access the gold market. SPDR Gold Shares are intended to offer investors a means of participating in the gold bullion market without the necessity of taking physical delivery of gold, and to buy and sell that interest through the trading of a security on a regulated stock exchange. The launch of SPDR Gold Shares was intended to lower many of the barriers, such as access, custody, and transaction costs, that had prevented some investors from investing in gold.
SPDR Gold Shares represent fractional, undivided beneficial ownership interests in the Trust, the sole assets of which are gold bullion, and, from time to time, cash. SPDR Gold Shares are intended to lower a large number of the barriers preventing investors from using gold as an asset allocation and trading tool. These barriers have included the logistics of buying, storing and insuring gold. In addition, certain pension funds and mutual funds do not or cannot hold physical commodities, such as gold, or the derivatives.
Related:
Market Vectors Gold Miners ETF (NYSEARCA:GDX)
The Market Vectors® Gold Miners ETF (GDX) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of NYSE Arca Gold Miners Index (GDM). GDM is a modified market capitalization-weighted index, and provides exposure to publicly traded companies worldwide involved primarily in gold mining, representing a diversified blend of small-, mid- and large- capitalization stocks. As such, the Fund is subject to the risks of investing in this sector.
Market Vectors Junior Gold Miners ETF (NYSEARCA:GDXJ)
The Market Vectors® Junior Gold Miners ETF (GDXJ) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Junior Gold Miners Index (MVGDXJTR), a rules-based, modified market capitalization-weighted, float-adjusted index intended to investors exposure to small- and medium-capitalization companies in the gold or silver mining industry.
SPDR Gold Shares (NYSEARCA:GLD)
SPDR Gold Shares offer investors an innovative, relatively cost efficient and secure way to access the gold market. SPDR Gold Shares are intended to offer investors a means of participating in the gold bullion market without the necessity of taking physical delivery of gold, and to buy and sell that interest through the trading of a security on a regulated stock exchange. The launch of SPDR Gold Shares was intended to lower many of the barriers, such as access, custody, and transaction costs, that had prevented some investors from investing in gold.
SPDR Gold Shares represent fractional, undivided beneficial ownership interests in the Trust, the sole assets of which are gold bullion, and, from time to time, cash. SPDR Gold Shares are intended to lower a large number of the barriers preventing investors from using gold as an asset allocation and trading tool. These barriers have included the logistics of buying, storing and insuring gold. In addition, certain pension funds and mutual funds do not or cannot hold physical commodities, such as gold, or the derivatives.




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