New ETFs Offer Way to Own Gold Without Selling Stocks

With gold up 21 percent year-to-date and former "bond-king" Bill Gross predicting the Federal Reserve will soon 'helicopter' money into the economy, investors are once again taking a hard look at the precious metal, said Greg King, CEO of REX Shares. 'Gold is a hedge against inflation over the long term and a safe haven from political and market instability in the short term,' said King. 'The S&P 500 has tested its all-time highs and failed to move higher and this could spark some volatility. Gold has the potential to flourish in this scenario.' The exchange traded funds also can help protect against the risk of a weakening U.S. dollar through exposure to the yellow metal, according to King.