Bullish On India? Buy Gold ETFs

Eurozone debt drama continues to hog the headlines as the seemingly never-ending struggle to ensure financial stability in the currency bloc takes its toll on investors’ confidence. Lackluster economic data releases on the homefront haven’t done much to restore confidence in the global recovery, prompting investors to search far and wide for uncorrelated sources of returns. Previously a hot spot for unparalleled growth, emerging markets now appear to be plagued by the same clouds of uncertainty looming over much of the developed world [see also What Is Deflation? The Ultimate Beginner's Guide]. Dismal economic growth expectations for the eurozone and a sluggish recovery at home have undoubtedly put pressure on developing regions. India’s economy in particular has been nothing short of a roller-coaster ride for investors; the nation’s GDP was growing at a blistering 9.4% in 2010, although intensifying economic woes around the globe have created major headwinds for this Asian giant. India’s GDP has been steadily declining [...] Click here to read the original article on ETFdb.com. Related Posts: Investors Flock to Gold ETFs When Bigger Isn’t Better: Profiling ETF Alternatives To DJP, FXI, GLD Thursday’s ETF To Watch: COMEX Gold Trust (IAU) Five Leveraged ETFs Delivering Big Gains 2011 Recap: Another Big Year For ETFs