New Gold ETF: Destined for Greatness - Don Dion

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Don Dion is the owner and Chief Investment Officer of DRD Investments, LLC, based in Naples, Fl. and Williamstown, Ma., a family office focused on managing a long/short hedge fund, real estate assets and various other financial assets for the Dion family. Mr. Dion is also the trustee of the Dion... More

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New Gold ETF: Destined for Greatness 1 comment

Sep 9, 2009 2:21 PM | about stocks: SIVR, SGOL, GLD, IAU, UNG, GSG

The debut of ETFS Physical Swiss Gold Shares (SGOL) today pits the new fund, from successful issuer ETF Securities, against existing physical gold ETFs like SDPR Gold Shares (GLD) and iShares COMEX Gold (IAU).

Physical commodity ETFs offer investors exposure to physical stores of precious metals like gold, silver and palladium. Each share of the fund represents…READ MORE

Themes: Gold, Silver, ETF, Commodity, ETF Fundamentals, Portfolio Development, Investing Stocks: SIVR, SGOL, GLD, IAU, UNG, GSG

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roy piper Comments (119)

The actual group running this is none other than Rydex, king of the leveraged index funds. For saving an extra 1 cent per $100 invested, I would rather go with GLD or IAU. Seriously...why do you think this is "destined for greatness?" No one moves an investment for a single basis point in expenses. Ten yes, one no.

9 Sep 2009, 04:14 PM Reply Like