GLD ?

Is buying the ETF GLD for gold any good? What are the pros and cons?

 

pro it could make money
con it could lose money

 

I think your asking about costs ... It is very low. Look up gld perspectus..and read it...

 

bottom of rate cycle is possible here..rates up dollar up..gold may remain lower for longer as they say...although could rally near term. Its how I see it.

 

I agree with you.. rates up.. gld down... It was oversold for a while..

 

Trading in size will be expensive using the ETF. Trade the gold futures, has benefits of lower cost with better tax treatment.