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Which one to choose: gold or gold miners?

|Includes: GDX, GLD, iShares Gold Trust ETF (IAU)

Gold has had a great year. As for gold miners...take a look at the 2nd issue of archerETF IQ available here.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Additional disclosure: XGD trades on Toronto Stock Exchange