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Is The Long-Term Bear Market For Gold-Oriented ETFs Over?

A nearly three year bear market for gold may be ending

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Granted, the spot price for gold would need to move at least another 5%-6% to establish a new bull market off the current bear bottom. Nevertheless, if the renewed excitement in the gold mining space is any indication, a two-and-a-half year bear for the most popular precious metal may be in its final stages.

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Disclosure StatementETF Expert is a web log (”blog”) that makes the world of ETFs easier to understand. Gary Gordon, MS, CFP is the president of Pacific Park Financial, Inc., a Registered Investment Adviser with the SEC. Gary Gordon, Pacific Park Financial, Inc., and/or its clients may hold positions in the ETFsmutual funds, and/or any investment asset mentioned above. The commentary does not constitute individualized investment advice. The opinions offered herein are not personalized recommendations to buy, sell or hold securities. At times, issuers of exchange-traded products compensate Pacific Park Financial, Inc. or its subsidiaries for advertising at the ETF Expert web site. ETF Expert content is created independently of any advertising relationship.

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