ETF Lets Traders Short Stocks, Go Long on Gold
July 21, 2011 at 10:47 AM EDT
Traders who think the value of the S&P 500 when priced in gold is set to decline can tap a sophisticated exchange traded fund to profit. FactorShares 2X Gold Bull/S&P 500 Bear (NYSEArca: FSG), which was launched earlier this year, rises when the price of gold outperforms U.S. stocks. It has...