Why gold ETFs are an option to bonds as inflation lingers

With government spending running wild and inflation stubbornly high, investors should consider dialing back their bond exposure in favor of gold using exchange traded funds. 

“You need to hedge yourself against inflation in your portfolio, and I think gold, whether it’s the GLD or if you want to buy some gold equities, I’d offer GDX as a proxy for that. They’re great ways to insulate yourself from what’s going on in the bond market,” George Noble, Noble Capital Advisors managing partner, said during an appearance on “Making Money with Charles Pay