ETFs To Profit From Gold’s Current Price Instability

More active investors will focus on futures and options. That said, with quantitative easing on the backburner and few major political triggers out there to spark fear into the markets, short-term investors looking to make money on gold are probably going to want to take a breather.

Or investors could look at ETFs that short gold, like the ProShares UltraShort Gold (NYSEARCA:GLL) or PowerShares DB Gold Short ETN (NYSEARCA:DGZ). They could also consider an ETF that shorts gold mining companies, like Direxion Daily Gold Miners Bear 3X Shares (NYSEARCA:DUST).

While it’s impossible to predict where gold prices will go, there is enough economic and geopolitical sentiment to make a case for going either short or long with gold. Thankfully, there are a large number of investing strategies to suit any outlook.

This article is brought to you courtesy of John Whitefoot from the Daily Gains Letter.

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