Gold is dropping like a brick today: the top gold and silver ETFs

Spot gold, which was trading over $1,420 earlier this week, has taken a big tumble and now trades at $1,380:

Gold ETFs will react accordingly today. We track them live here.

Loom at the amazing perforkance of AGQ, the ultra silver ETF: +317% since 2009.

Given that, as expected, the G20 agree not to agree on anything and interest rates will not rise any time soon, this might be a very good opportunity to get back into gold for the medium term.