ETFs that invest in metals

[maesariang]

Quite a few that invest in gold, silver and even platinum now. Or they invest in gold mining stocks. Good alternative to just buying gold.

[In Full Agreement]

5 minutes ago, maesariang said:

Quite a few that invest in gold, silver and even platinum now. Or they invest in gold mining stocks. Good alternative to just buying gold.

 

Is there a question in there?

[maesariang]

2 minutes ago, In Full Agreement said:

 

Is there a question in there?

No more a statement. Maybe others have used them.

[Digitalbanana]

Just buy the metals rather than the miners. Better still trade options on metals futures for more efficient use of capital.

[maesariang]

12 minutes ago, Digitalbanana said:

Just buy the metals rather than the miners. Better still trade options on metals futures for more efficient use of capital.

Miners pay dividends though. Might be too late for gold.

[swissie]

On 8/26/2024 at 6:05 AM, maesariang said:

Quite a few that invest in gold, silver and even platinum now. Or they invest in gold mining stocks. Good alternative to just buying gold.

Not a bad idea. Make sure that the ETF is covered by physical Gold. Also: How much is the annual "administration/management" fee, because there is also the "carrying charge" incorporated.

[swissie]

On 8/29/2024 at 10:59 AM, Digitalbanana said:

Just buy the metals rather than the miners. Better still trade options on metals futures for more efficient use of capital.

If only used "for more efficient use of capital" fine.

But the temptation to enter the "leaverage game" is great. Numerous are the incscriptions on tombstones that read "He died of too much leaverage".

[swissie]

On 8/29/2024 at 11:12 AM, maesariang said:

Miners pay dividends though. Might be too late for gold.

There is a good reason Mining Stocks pay high dividends. The life expectancy of a mine is limited. In the end, nothing but a big empty hole in the ground or a barren underground tunnel will be left.