On the other hand, with nearly every country on the planet looking for ways to devalue its currency, precious metals serve as an ideal proxy vote. Both ETFS Phyiscal Precious Metals ( GLTR) as well as ETFS Silver Trust ( SIVR) are above 200-day long-term trendlines.

This article was written by an independent contributor, separate from TheStreet's regular news coverage.

Disclosure Statement: ETF Expert is a website that makes the world of ETFs easier to understand. Gary Gordon, Pacific Park Financial and/or its clients may hold positions in ETFs, mutual funds and investment assets mentioned. The commentary does not constitute individualized investment advice. The opinions offered are not personalized recommendations to buy, sell or hold securities. At times, issuers of exchange-traded products compensate Pacific Park Financial or its subsidiaries for advertising at the ETF Expert website. ETF Expert content is created independently of any advertising relationships. You may review additional ETF Expert at the site.

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