With the Federal Reserve’s decision to launch another round of quantitative easing and keep rates low, some are bracing for rising inflation in the U.S. economy by seeking precious metals as a shelter, according to an article on Zacks.
The report said that investors looking to take full advantage of the precious metal rally should aim for a diverse level of access to the products in precious metal space by using exchange-traded products, such as the following:
- PowerShares DB Precious Metals Fund (NYSEArca: DBP)
- iPath Dow Jones-UBS Precious Metals ETN (NYSEArca: JJP)
- ETFS Physical Precious Metals Basket Shares (NYSEArca: GLTR)
For additional details on the ETPs outlined above, head over to Zacks.com.