Seeking Perspective on Hedging Gold Holdings with DGLD
I would appreciate any comments on why this might be a poor choice over 3 to 6 months. I know there are decay factors, but moving in and out of physical carries fees and premiums, so selling and re-buying also has a cost.
I know NUGT/JNUG and DUST/JDST are often good plays, however with the way GDX and the Markets are so volatile, those don't seem to be reasonable vehicles at this time for a straight hedge play.
Thank you in advance for any constructive input!