Profit From a Plunging Pound, Euro or Yen With Gartman Gold ETFs

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Profit From a Plunging Pound, Euro or Yen With Gartman Gold ETFs

Profit From a Plunging Pound, Euro or Yen With Gartman Gold ETFs
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Profit From a Plunging Pound, Euro or Yen With Gartman Gold ETFs

by TheStreet.com Videos 3:04 mins

There are a number of gold ETFs available, yet the recently launched AdvisorShares Gartman Gold/Currency ETFs offer investors the ability to hold gold in different currency terms to avoid concentrated exposure to a single currency like the U.S. dollar. AdvisorShares portfolio manager Ade Odunsi says the Gold/Euro ETF will perform well if the Ukraine hostilities widen or if the EuroZone faces economic pressure. Odunsi says the Gold/Pound ETF is a smart vehicle for investors who believe the Pound is trading to richly. Finally, Odunsi says the Gold/Yen ETF is perfect for those betting on a far weaker yen going forward.

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