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How do you see specialty commodity or precious metal mutual funds doing in the short and mid term?

Best Answer

Oldman answered a question in Commodities.
2775 points

Oldman answered one year ago …

GLD, SLV, & IAU can and are manipulated and volatile. The inverse ETF's are specialty derivatives and don't hold physical commodities. However, the three above, should not be held in a tax-sheltered account, because they do hold physical bullion, and Pub.598 indicates that these holdings will disqualify a sheltered (IRA, SEP, S, Roth) account.

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Answers

BradOK answered a question in Commodities.
304 points

BradOK answered one year ago …

In the very short term I think they'll do exceptionally well. I'm not sure if I'd invest in the mutual funds, however. I'd look for ETFs that would capture the upside these commodity sectors. For example, GLD for gold. ETFs are great due to the lower fee structure and overall expenses.

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