Investing in Gold Mining ETFs
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 25 February 2019
⏱️ 21 minutes
🧾️ Download transcript
Summary
Learn what gold mining ETFs have performed well and why gold is a good hedge. We explore what gold stocks and ETFs have performed well and why they may continue to do so.
Gold doesn't necessarily require high inflation for good performance. Uncertainty, government, unrest, crises, volatility, yields, debt and currencies can also cause investors to flee to gold and mining shares.
"Gold has been the best performing global asset for 18 years." - Eric Sprott, Canadian billionaire
The charts I mentioned are here.
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Transcript
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| 0:00.0 | Be wealthy and smart, episode 531. |
| 0:03.0 | I'm gonna live no rich life. |
| 0:06.0 | Rich life. |
| 0:08.0 | Moving that's life. |
| 0:10.0 | If y'all know what I mean, |
| 0:12.0 | put your hands up and declare with me |
| 0:14.0 | Yeah, I'm full of pay |
| 0:16.0 | e-e-e-e-e-e-e-e-h-h-a I'm gonna live a good life Step into a world of wealth and wealth and financial freedom without budgets, boredom or bosses on |
| 0:31.5 | be wealthy and Smart. And now here's your host, Linda P. Jones. |
| 0:37.0 | Welcome to Be Wealthy and Smart. I'm Linda P Jones, America's Wealth Mentor. |
| 0:42.0 | Empowering women and Men Worldwide to Financial Freedom. |
| 0:45.3 | On today's show, we're going to talk about investing in gold mining EDFs. |
| 0:50.5 | And this article comes to us from Investors Business Daily, and it says, |
| 0:55.0 | Gold Mining EDFs are now hot. |
| 0:58.0 | Gold's recovery started months before the stock markets, |
| 1:01.0 | and two gold mining E-T-F's were rallying toward 52-week highs and |
| 1:06.6 | are above buy points. |
| 1:08.6 | I-shares M-S-C-I-C-I-N-G, and Vanneck Vectors Junior Gold Miners, symbol G-D-X-J, |
| 1:18.0 | surged this week as they shadowed a sharp increase in the price of gold futures. |
| 1:24.0 | The two ETFs are still shy of their January 2018 peaks, |
| 1:28.0 | but both topped by points. |
| 1:31.0 | Vanek Vectors Junior junior gold miners cleared the 3310 by point of a handle and a long base |
... |
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