Sold Precious Metals ETFs
Summary
- Closed all my ETFs as I have not been able to add in all investment accounts due to EU regulation.
- Still long physical gold and silver via miners.
- I remain very bullish on the industry.
I want to be completely transparent with my investments and articles. I have recently closed the small amount I had left in GDL and sold PSLV and will consequently stop tracking the performance of the ETFs.
I remain extremely bullish on the industry and a longer discussion about my reasoning can be found here.
Analyst's Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.