For example, Green doesn't advocate
holding gold directly, but points out that mining stocks have a low correlation with the S&P 500, making them an excellent diversifier.
Not exact matches
The Miles Franklin Precious Metals Storage program offers clients the ability to store and purchase physical
gold, silver, platinum for
directly held fully segregated storage.
For investors who want exposure to
gold and silver, these two funds provide access to leading miners without the downside of
directly holding the precious metals.
Investors who would simply like some disaster insurance might simply want to purchase
gold bullion such as maple leaf coins or
gold bars
directly from a dealer and
hold them in physical form.
There has been a recent move away from derivative
gold products (such as exchange - traded funds) and a move into
directly holding the metal.
These funds provide access to leading miners without the costs of
directly holding gold and silver as investments.
The value of GLD shares relates
directly to the value of the
gold held by GLD (less its expenses), and fluctuations in the price of
gold could materially and adversely affect an investment in the shares.
However, where would they go, if they want
gold securities and options, instead of
holding the
gold physical assets
directly?