Run up a basic chart on CANGX and click on the SP500 box and add GLD to the stock box. GLD is of course the SPDR for gold bullion, it holds PHYSICAL Gold bullion; not just paper. (one of the few that does)
Run a basic chart with CANGX, SP500 and GLD. Run it for 3mo., 6mos, one year, two years, and so on.
The GLD has an exp. ratio of .40%. Less than half a point!
Let me know what time peroid that CANGX was out performing simple GLD.
I read IBD as often as it is sent to my home, been to the IBD class, listen to the free tapes, like what I hear; but still I am making more money, with less risk with GLD.
Just a fun chart to look at and ponder 'Why'??
When I look at the mess the World and the USA is in; I sleep a lot better at night with GLD vs. mutal funds.
I hate taking a loss in any fund or stock......or ETF for that matter.