Exchange traded funds cover almost every strategy that the retail investor can imagine. If you can’t find an ETF, there may be a futures contract out there to trade an instrument. As if the myriad of gold ETF instruments that allow investors to get direct price exposure to gold were not enough, now there is a mini or micro futures contract for investors. Retail investors generally trade gold in ETF products like the SPDR Gold Shares (NYSE: GLD), the iShares COMEX Gold Trust (NYSE: IAU), or even via the ETFS Physical Swiss Gold Shares (NYSE: SGOL). Just this week we noted how much of a critical mass these have reached and by some counts the physical (and representative) gold ETFs are probably now close to a combined $60 billion in bullion assets. The SPDR Gold Shares currently holds more gold reserves than both China and Switzerland and it would come in as the sixth largest central bank holder of gold if it was a government entity.
Read more: Beyond Gold Trading… E-Micro Gold Contracts (GLD, IAU, PHYS, CME) - 24/7 Wall St. http://247wallst.com/2010/10/06/beyond-gold-trading-e-micro-gold-contracts-gld-iau-phys-cme/#ixzz11brK2Two
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