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Or, just buy the ETF that preforms well when there is an economic downturn. Possibly GDX and GDXJ (gold mining ETFs).
by um_ya 11y ago
Or, just buy the ETF that preforms well when there is an economic downturn. Possibly GDX and GDXJ (gold mining ETFs).
- rsync 11y agoNo, you're missing the point. If my understanding is still current (I suspect it is) these ETFs "decay" over time. Which means you can be "right" but if what you're right about doesn't happen fast enough, you still lose money. That's why people suggest shorting the ETF that is opposite your prediction.