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GAMCO Global Gold Natural Resources & Income Trust
Gold exposure is essential in the current macro environment.
GGN is an income fund that invests in gold miners and energy companies.
Recent performance has been disappointing, but the longer-term view is decent.
The fund currently trades at a 13% discount, but has traded at a premium for extended periods in the past.
GGN has many flaws, but offers potential upside in a gold bull market. Additionally, it's a good way for income investors to get gold exposure in their portfolio.