Investors’ confidence has taken a serious beating over the past few months as debt drama on both sides of the Atlantic ocean has paved the way for volatile price action across financial markets. Despite better-than-expected economic data releases on the home front, Euro zone debt woes have definitively taken center stage; sentiment on Wall Street has been largely influenced by rumors and headlines from overseas, while positive fundamental developments have been largely ignored. Amidst the ongoing uncertainty, many have turned to traditional safe haven asset classes, with gold being a popular choice [see Cheapskate Hedge Fund ETFdb Portfolio]. However, the precious yellow metal has lost a bit of its luster throughout this recent turmoil, as the hot commodity has failed to provide investors with much of a cushion. Gold is a versatile commodity, capable of serving as a hedge against inflation, while often times it is simply regarded as a [...] Click here to read the original article on ETFdb.com. Related Posts: Ten Unexpected Observations On YTD ETF Returns Ten Best ETF Performers Over The Last Five Years (Including A Few Surprises) ETF Insider: All In Green ETF Insider: Euro Zone Euphoria Here To Stay? ETF Insider: Can Earnings Trump Euro Drama?