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These gold funds are losing you money
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Wednesday, September 30, 2009
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By Matt Badiali in Growth Stock Wire:

Today, at least nine funds track gold through bullion or futures, two track platinum, and four track silver. Another two track a combination of precious metals. Without even getting into mining-stock funds, we have 17 different "one-click" ways to play precious metals.

All these funds match the short-term performance of gold well enough: Since December 2008, the price of gold rose 33%. The largest bullion fund, GLD, rose 30%. The largest unleveraged futures fund, DGL, rose 27%.

But the differences start to show over the long run...

Read full article...

More on precious metals:

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Topics: Gold | Precious Metals | Stocks
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