Given a backdrop of falling Gold prices for most of this year, we will likely continue to see action in any and all Gold related ETPs for the foreseeable future and perhaps re-allocations from one fund to another where it makes sense given an individual’s circumstances.
We imagine that barring registration and/or regulatory setbacks, OUNZ will not be the last Merk Funds listed ETF in the U.S. marketplace as we have read snippets in the past regarding a possible Hard Currency ETF among other potential future launches.
Merk Gold Trust
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