iShares Gold Trust ( IAU) With investors and market commentators focused on crude oil and other energy-related commodities, gold has managed to stage a stealth rally, breaking to new 2012 highs and flirting with levels last seen in November. Although we have enjoyed some solid signs of improvement here at home, we are far from out of the woods. With Europe still working to resolve its ongoing sovereign debt crisis, and rising fuel costs threatening to cripple growth, there are plenty of reasons to maintain exposure to safe haven asset classes. Keep funds like IAU on the radar. Market Vectors India Small Cap Index ETF ( SCIF) In the first seven weeks of 2012, the small cap India ETF pushed higher on all but five trading days, ascending through its 50- and 200-day moving averages. The rally appears to have lost some steam recently, however, and the fund has retreated.
Given the speed and magnitude of SCIF's ascension, it is not surprising to see the fund taking a breather. However, aggressive investors tempted to test these waters may want to hold off until the high-flying product finds some stable ground. Written by Don Dion in Williamstown, Mass.