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Chuck Jaffe: Investors Would Be Wise To Use Caution In This Gold Rush
FYI: BlackRock’s $8 billion iShares Gold Trust ran out of shares as worried investors piled in.
Demand for gold has been so hot lately that it actually broke a gold exchange-traded product Friday.
The circumstances are, if nothing else, weird, but for anyone looking to follow the crowd into gold, there’s a lesson in what happened that reminds investors that there a lot of options when it comes to putting something glittery in a portfolio, and that all types of funds are not created equal.
