Some blame the rapid growth of gold ETFs for pushing the bullion price to record peaks in late 2009.

有人指责黄金ETF的快速增长是2009年底推动黄金价格达到新高的主要原因。

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Because in inflation the dollar is devalued, I am a proponent of owning bullion and avoiding gold ETFs, but I do believe gold and gold-miner stocks will provide great returns over the next few years.

因为在通货膨胀期间，美元是贬值的，我主张持有金锭而不持黄金交易所交易基金，但我相信在未来几年内黄金以及黄金矿业类股将提供巨大的回报率。

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A linked problem is the tendency for ETFs to be the main way in which investors seek exposure to some asset classes, notably gold.

由此牵出的问题是，ETFs会成为投资者寻求曝露一些资产类别的主要方式的趋势，特别是黄金。

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The SPDR Gold Trust (GLD), the largest of the gold ETFs, also marked a key reversal.

FORBES: FOCUS: Gold Nearing Important Technical Chart Support Levels

The only other consideration for gold ETFs not related to cost is where the metal is stored.

FORBES: FOCUS: Gold ETF Popularity Rebounds; Focus Turns To Costs

He still has a big position in gold and is one of the largest holders of gold ETFs.

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