Hedge Funds Are Buying Up Gold ETFs, Should You?

Despite a relatively solid earnings season, anxiety continues to run high on Wall Street as elevated unemployment and sagging confidence stand as major obstacles to a continued economic recovery. As equity markets trend sideways and potential pitfalls materialize, many investors have moved slowly towards safe havens, preferring to watch from the sidelines until the storm clouds clear [see Five Safe Haven ETFs]. Government bonds have been a popular choice, but record demand for these securities has driven prices up and yields down to near-historic lows. The combination of these paltry yields have and record budget deficit levels have sent many investors into precious metals, traditionally a calm harbor during rocky economic times. It isn’t just the cooky conspiracy theorists who are flocking to precious metals; investments in gold are a popular choice for some of the world’s most famous fund managers. According to recent 13F filings, demand for gold ETFs, particularly [...] Click here to read the original article on ETFdb.com. Related Stories: Van Eck Debuts Junior Gold Miners ETF Soaring Gold Price Boosts Gold Miner ETFs Hedge Fund ETFs vs. Actual Hedge Funds