Tuesday, March 17, 2020

Gold Related ETFs Are Attractive 黄金相关ETFs 很具吸引力

It is surprising that gold got sold off together with the stock market as the risk of the COVID-19 exploded recently.  Investors sold everything indiscriminately. They sold not only stocks, but also supposedly safe haven gold and bitcoin. The thinking is that investors have been raising cash to cover their stock losses. Now the dust has settle a little bit, people are rushing back to gold related investments including gold ETF GLD and gold stock ETFs JNUG and NUGT. Looks like investors are reverting back to the proper way of investing ---buy gold when there's risk.  Really, interest rate at its lowest level in history and the  risk caused by COVID-19 virus is still exploding, gold and its related investments should be bought.

Since March 9 to March 16, Gold futures came down from 1704 to 1456, a 14.55% drop. GLD came down from 159 to 136, a 14.47% drop during the same period. What is stunning is from February 24 to March 16, JNUG dropped a whopping 97% and NUGT lost 88% during the same period. All the above mentioned ETFs would likely bring big returns especially JNUG and NUGT in the near term.














令人惊讶的是,由于最近COVID-19的风险激增,黄金与股市一起被抛售。投资者乱卖了一切。他们不仅卖出股票,而且还卖出了避风港黄金和比特币。这种做法的理由是投资者要筹集现金以弥补在股票上的损失。现在,尘埃落定了一些,人们开始奔向与黄金相关的投资,包括黄金ETF GLD和金矿股票ETF JNUG和NUGT。看起来投资者正在恢复使用适当的投资方式---在存在风险时购买黄金。确实,利率处于历史最低水平,而由COVID-19病毒引起的风险仍在爆发中,是应该购买黄金及其相关投资的。

自3月9日至3月16日,黄金期货从1704下跌至1456,下跌了14.55%。 GLD同期从159下降至136,下降了14.47%。令人震惊 的是,从2月24日到3月16日,JNUG 从105下跌至3.5,-97%,同期NUGT从43下跌到5,-88%。以上提到的ETFs都很有机会在短期内带来丰厚的回报,特别是JNUG和NUGT。











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