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PowerShares Global Gold & Prec Metals Message Board

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  • mattmjf mattmjf Feb 4, 2009 1:01 PM Flag

    What's the future of thsi ETF?

    Long-term, the U.S. dollar is toast especially if President Obama gets the $900 billion ($1.25 trillion if include interest on this defecit spending) stimulus through congress. The USA keeps borrowing & spending leading to inevitable printing of more $$ = stagflation which leads to higher gold & precious metals values.

    I like this ETF because it has platinum, silver and little diamonds too.

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