This is an excerpt from ETF Battles on ETFguide TV between GLD vs. GDX – two of the most popular gold ETFs by assets and trading volume. Who wins the battle?
- GLD and GDX duke it out in four key battle categories,
Currency prices go up, they go down, and sometimes they crash. And just like other financial markets, currency prices are not immune to volatility. Should you be hedging your portfolio against currency volatility?
The first argument in favor of currency hedged investments is that chaos happens.
Selling pressure in the euro has been relentless over the past year and the currency has fallen just over 19% in value. Without surprise, pessimism toward the euro has been building.
Look at these recent mainstream headlines:
Delight or Dread as Euro Falls – New York Times (Mar.