As the Ukraine-Russia situation escalates, and the world grows more concerned about China’s economic performance, defensive investments are back in vogue again. At the top of everyone’s list of “safe-haven” investments awaits our old friend: gold. After gold took its lumps in 2013, is it ready to break out this year as the world stage becomes even more volatile? Well, in part, yes, if you know how to play it. And this year alone, The Market Vectors Gold Miners ETF (GDX) seems like the place to be. Year-to-date, this ETF is up 27 percent — more than twice the gain of the SPDR Gold Trust (GLD) (the biggest bullion-backed ETF). As long as turmoil roils the globe, GDX will offer investors calm amid the storm.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: