Precious-Metals ETFs Explode; Are Investors Late?

The Wall Street Journal reports that as ETFs branch out, investors can also trade mining stocks as well as other precious and industrial metals.

The market news is quoted as saying:

When buying metals-backed ETFs, investors need to consider that long-term gains may be taxed at a higher rate than stocks because bullion is considered a “collectible” for tax purposes. Some ETFs hold physical metal, while others may use futures contracts for exposure.

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