Before I really even begin I can only assume that you possess a burning desire to own gold through gold ETF funds! One reason you might want to own gold ETF funds is because you want to hedge your bets against the US dollar so you can protect your downside. This is an excellent strategy so I’m glad you thought of it. But you want to own gold ETF funds for more than that too.

You realize, like I did, just how much upside potential there is to owning gold that you just canít wait to get in on the action. And I donít blame you one bit. Itís hot and itís only getting hotter by the minute. So you might as well grab a hold of some gold ETF shares because they are going to make you a lot more than just spare change over the coming years.

But you are probably asking yourself exactly what is the best way to own gold. Well, you basically have two main options that you can choose from. The first option is you can outright buy the precious metal in the form of gold bullion or gold coins. The second main option is you can buy shares of the gold mining companies.

Wait, there actually is a third option that I almost forgot about. And in my humble estimation this is by far the best way for a person to own gold in any form. You want to get your hands on a gold ETF called the StreetTracks Gold Trust. Itís ticker symbol is GLD in case you want to look it up for yourself, and you do!

Buying this particular type of gold ETF is very simple, and itís so easy that all your really need to do is either put in a call to your broker or if you are like the majority of the trading world youíll hop online to your online brokerage account and place an order right on the web.

This asset was not available to investors in this particular form until the GLD gold ETF was created, which is what makes this so special and worthwhile. It opens up a whole new world to an investor that they previously would never have access to. Itís such an innovative advancement that it has definitely changed the face of investing on a permanent basis.

Now Iíd like to share a few facts with you about the gold ETF whose ticker symbol is GLD:

1. One share of this stock (fund) is worth 1/10 of what an ounce of gold equates to. So, if the price of an ounce of gold is 1500 dollars, then one share would cost 150 dollars. Is that clearer now? Good.

2. The gold ETF GLD trades specifically on the NYSE, or New York Stock Exchange.

3. The premium that it trades at to gold is relatively low. Itís usually only around 1% or less which is fantastic for the gold ETF investors.

Do yourself a favor and invest in golf ETF funds today. Itís the smart move!

*Disclaimer – The author is not a Professional Financial Advisor and this commentary is opinion, not financial advice. Before making any investments of your own, seek out the advice of a qualified Professional Financial Advisor!