I bring you to task as well, Skol, with your claim of "The XGD is up 13% pa for the last few years but gold is up much more.".... WRONG by a significant number.
We all assume that "a few" is more than "a couple = two"...A few is minimum 3, so lets look at the XGD for the past 3 years - Year to Date.
26th November 2008 and the XGD was 3684 @ close.
26th November 2011 and the XGD close @ 6708, yesterday.
6708 - 3684 = 3024..... Gain for XGD in 3 years of 82% = 27%pa.
hmmmmmmmmm = who has made $$$$$$?
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