QAT is one of the few ETFs that benefit from rising commodity prices, but has holdings that can still make money and pay high dividends should commodity prices fall.
the move out of gold would suit many central banks just fine because lower gold prices imply higher confidence in their monetary policies which could be summed up in two words, print money. that confidence may have pushed investors away from gold into stocks trading near all-time highs. it can t last forever. that extra money in the financial system could fuel inflation making gold a safe hedge against rising prices. gold is looking for a bottom either this month or next and you ll likely see gold resume its upward trend in coming years. it costs around $1,200 ounce to extract gold from the ground. as long as prices stay low, digging for gold isn t worth it. but dr. doom predicts that gold will continue to fall. he says it could reach close to $1,000 an ounce by 2015. thanks for joining the