To what do you attribute the higher returns of UNWPX vs the Vanguard fund? Have you read any of Zeal’s reports (mining companies outperform gold by many times)? That’s why Bill Fleckenstein raves about Newmont Mining and not about gold as far as I know. The mining companies amplify gold’s return. Zeal has a bunch of junior mining companies on their recommended list, but after I got burned with Chevron and Ivernia, I quit my subscription.