The Best Way to Participate in Gold's Bull Market

Individual stock picking is always hard. If you are interested in investing in Gold without worrying about which stocks to buy (and sell), there ARE a couple of nice ways. Even though there is still no ETF tracking Gold stocks per se (still in the works), you can buy shares of ASA (symbol "ASA", trading on NYSE), a closed end investment company. They have excellent management and are a reputable firm, have been around since many decades. ASA holds most of the major Gold company stocks in their portfolio. ASA stock has a decent dividend yield of about 1.7%. They have outperformed the Gold Index (^XAU), a testament to the managers' stock picking ability.

If you want to buy Gold directly, there is a Nasdaq ETF with symbol "GLD". This is tied directly to Bullion price-making it more a commodity bet than a stock (ownership) bet. Right now it trades at about $50.

Both are good ways to participate in the Gold bull run.

Sanjay John G.