Since inception in 2007, this ETF has lost more than 90% of its value and it seems nobody is looking at it.
However, there is no denying that this ETF has been performing pretty well while techs are failing pretty badly these days.
As we can confirm MACD Golden Cross on a monthly basis, we might be facing a great opportunity to be in.
We should be aware of the risk of this ETF as it is leveraged.
Otherwise you can crack the shell and see its holdings to directly invest - extra analysis for each stock is recommended.
List of Holdings as of today
BARRICK GOLD CORP 25.28%
FRANCO-NEVADA CORP 17.69%
AGNICO-EAGLE MINES 14.22%
WHEATON PRECIOUS METALS CORP 12.45%
KINROSS GOLD CORP 3.94%
YAMANA GOLD INC 2.98%
B2GOLD CORP 2.67%
SSR MINING INC 2.64%
ALAMOS GOLD INC 1.82%
PRETIUM RESOURCES INC 1.73%