To Gold for Income? IAUI Says ‘Yes.

Gold is one of this year's best-performing assets. As of Sept. 18, the largest ETF backed by physical holdings of the commodity was beating the S&P 500 by a margin of nearly 3-to-1. The gap between equities and the S&P 500 was even wider at roughly 8-to-1. Impressive showings, to be sure. It's arguably enough to make market participants ignore the fact that gold is essentially a no-income asset. Traditional gold ETFs offer no income streams, while the largest miners ETF sports a small dividend yield of 0.56 ...