This ETF remains undervalued despite a rising price of gold and the possibility we could see $2,000+ U.S. gold on the horizon should stimulus pick up. In this article, I’m going to discuss what I see as the key fundamental driver that could take this ETF much higher long-term
Finding such an obviously undervalued asset class on a long-term historical and relative basis is rare, and this ETF is indeed one of the best ways to paly the gold mining space give the highly diversified level of exposure provided by this fund as well as the very reasonable management-expense ratio (MER) charged. This ETF is one of my top value picks for fundamentals-focused, conservative long-term investors today.