Quote & Headlines
Market Currents
StockTalk
Today
5d
1m
3m
1y
5y
10y
52wk high:
52wk low:
EPS:
PE:
Div Rate:
Yield:
Market Cap:
Volume:
1,594 people get PHYS articles and Market Currents by email alert.
Get email alerts on PHYS »
FOCUS
|
PRO
|
RELATED
|
TRANSCRIPTS
|
NEWS & PR
To learn more about Seeking Alpha Pro, click here.
There are no Transcripts on PHYS.
-
Marketwire (Sep 6, 2012)
-
at Fox Business (Aug 27, 2012)
-
at Fox Business (Aug 27, 2012)
-
at Fox Business (Aug 23, 2012)
-
at Fox Business (Aug 23, 2012)
-
at Fox Business (Aug 23, 2012)
-
at Fox Business (Aug 23, 2012)
-
at CNBC.com (Aug 29, 2011)
-
at MarketWatch.com (Jul 29, 2011)
-
at MarketWatch.com (Jul 22, 2011)
-
at MarketWatch.com (Feb 20, 2011)
-
at MarketWatch.com (Nov 14, 2010)
-
at MarketWatch.com (Aug 18, 2010)
-
at MarketWatch.com (Jul 23, 2010)
-
at MarketWatch.com (Jun 7, 2010)
-
at MarketWatch.com (Jun 6, 2010)
-
at MarketWatch.com (May 10, 2010)
PHYS vs. ETF Alternatives
Company Description
The Sprott Physical Gold Trust was created to invest and hold substantially all of its assets in physical gold bullion. The Trust intends to invest primarily in long-term holdings of unencumbered, fully allocated, physical gold bullion and will not speculate with regard to short-term changes in... More
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Tuesday, June 18, 4:18 PM If you want a bullish take on gold (GLD), Ron Paul has one for you. Asked why the yellow metal hasn't performed very well of late, he says "markets do these kind of things … they go up and then they take a rest," but "if you look at the record since the Fed has been in existence, we have about a two cent dollar" and based on "about six thousand years of history" the prognosis for commodity money is pretty good. "As long as we have excessive computerized money … we're going to see gold go up." How far, you ask? "If we're not careful, to infinity," Paul warns. 23 Comments [Commodities]
- Tuesday, June 18, 7:07 AM Gold (GLD, IAU) bulls may take comfort as Dennis Gartman jumps on the bearish bandwagon, calling the metal an "aging athlete" and "a broken commodity." The man who loved "stuff that hurts when you drop it on your foot" 2 years ago says the price is headed to $1K if $1.2K support is broken. HSBC's James Steel disagrees, seeing strong physical demand lifting the price to $1.6K in H2 and $2K in the longer term. 9 Comments [Commodities]
- Tuesday, June 11, 8:51 AM Outflows continue from the SPDR Gold Shares ETF (GLD), with investors yanking about $250M out during the week ended June 3. The fund has $45B AUM now compared to $72B at the year's start. In China, regulators have approved the launch of its first gold bullion ETFs. Physical gold demand in Asia is booming this year even as investor demand evaporates. The yellow metal's off 1.1% to $1,371/ounce. 20 Comments [Commodities]
- Friday, June 7, 12:18 PM The kind of thing that never occurs at tops: Not pleased the poor performance of his gold fund (-47% YTD) is detracting from the good work at his other products, John Paulson will be mailing the gold fund's monthly figures separately and holding separate monthly conference calls. His firm will also stop broadly reporting the performance of the gold share class in its various funds (investors are allowed to own their stakes with gold instead of dollars). GLD -2.1%, SLV -3.8%. 12 Comments [Commodities, On the Move]
- Thursday, June 6, 3:03 PM A gold (GLD) investment not losing any ground since February is the RBS Gold Trendpilot ETN (TBAR) - which tracks the price of the metal until it deems a downtrend has begun, at which point it shifts to 90-day T-bills. Of course once gold gets its mojo back, TBAR will miss some of the upside, but it will have done its job at avoiding a big loss. Comment! [Commodities, Quick Ideas]
- Thursday, June 6, 9:35 AM An interesting note on gold (GLD) from JPMorgan notes the curious disconnect between the futures and physical markets - where the price is at a record premia to spot in China and India, and the U.S. mint can't keep up with demand. In good news for miners (GDX) trying to control costs, reports from Australia speak of mining equipment makers offering discounts and lead times for trucks falling from 2 years to 2 weeks. 10 Comments [Commodities]
- Tuesday, June 4, 1:01 PM Gold's (GLD -1.1%) back under $1,400 as the Reserve Bank of India clamps down further on speculative purchases by restricting import of the metal under a deferred payment plan. The restriction had previously only been applied to banks. The country likes gold, but produces very little, making it an important importer. 8 Comments [Commodities]
- Saturday, June 1, 5:59 PM Gold will continue to trend toward $1,000 by 2015, Nouriel Roubini predicts. Key reasons: Credit crisis risks have subsided; inflation is under control despite QE; investors crave income-generating assets; the "return to the gold standard" argument is dead. (ETFs: GLD, IAU, DGP, SGOL, UGL, PHYS, AGOL, DGL, UBG, DZZ, GLL, DGZ, UGLD, DGLD, DBP, GLDI) 59 Comments [Commodities]
- Friday, May 31, 7:59 AM Jim Rogers hasn't sold any of his gold (GLD, IAU), calling the metal's correction "overdue" and "encouraging" given its big 12-year run higher. "Until it scares a lot of people, the correction is not over." On the exit plan from QE: "Mr. Bernanke's exit plan apparently is that he is going to leave his job. He doesn't want to stick around for the hangover." 4 Comments [Commodities]
- Wednesday, May 29, 8:09 AM Equity skittishness amid the bond rout has put a bid back into gold, the metal gaining 1% and nearing $1,400/ounce again. In the meantime, Asian demand from April to June will hit a quarterly record and take up the slack from ETF sales, according to the World Gold Council. Indian gold imports are expected at 350-400 tons, up 200% Y/Y. GLD +0.8% premarket. 4 Comments [Commodities]
- Tuesday, May 28, 11:33 AM Central bank buying of gold (GLD, IAU) is but "a drop in the ocean" of investor sales of gold ETFs, says Commerzbank. The team says banks bought about 30 tons in April vs. 117 tons pulled out of ETFs thus far in May, and 290 tons in Q2. On a more bullish note, this chart shows gold's current move bears close resemblance to the1976 bear market that set the stage for explosive gains later that decade. 7 Comments [Commodities]
- Tuesday, May 28, 6:58 AM JPMorgan's commodities team slashes its price forecasts for most metals, lowering the 2013 estimate for gold to $1,595 from $1,745. The 2015 estimate is cut 5% to $1,650. Silver's 2013 outlook is cut to $27.89 from $30.01. Copper (JJC) to $3.50 to $3.64. GLD -0.1%, SLV -0.3% premarket. 7 Comments [Commodities]
- Friday, May 24, 9:06 AM After spending years and billions eliminating their hedge books, gold producers (GDX) may need to return to their old habit - selling production forward - thanks to the metal's (GLD) sharp decline. "We think producers are under pressure to put on hedging," says SocGen's Robin Bhar. "The problem is it needs a cultural change ... Guys who used to hedge have lost their jobs." Renewed producer selling could put even more pressure on prices. 10 Comments [Commodities]
- Thursday, May 23, 11:55 AM "The Real Bubble is Gold: and It's Deflating," writes MKM's Mike Darda, who says the key turning point was the metal's (GLD. IAU) failure to rally in wake of last fall's QE∞ inception. "Investors simply took it at face value that gold was soaring and would continue to rise because of (the Fed)." Inflation picking up will be even worse for gold, he says, as this would make the Fed an aggressive tightener of policy. 23 Comments [Commodities]
- Wednesday, May 22, 2:17 PM Up as high as $1,413 following Bernanke's (at the time) perceived dovish testimony this morning, gold (GLD -0.9%) reverses along with stocks. Markets make opinions, and now the focus on Bernanke is he's prepping the markets for tapering. The just-released FOMC minutes push down gold even further, now at $1,357/oz. 9 Comments [Commodities, On the Move]
- Wednesday, May 22, 9:16 AM Outflows from gold ETPs of 10.27 metric tons YTD have surpassed the combined inflows of the previous 2 years, according to Bloomberg. One portfolio manager notes the outflows about equal the amount mined, meaning new supply has doubled this year. "The market has a lot of metal to absorb." GLD +1.3% premarket. 17 Comments [Commodities]
-
Jason Burack
India & it's Keynesian central bank attempting to eliminate all Gold $GLD $PHYS imports via bad policy http://bit.ly/10uFlaK - View all 6 replies
-
-
Jason Burack: Blaming all their bad policies on gold & free market capitalism! LOL
-
Jason Burack
Update on Gold suppl/demand fundamentals from World Gold Council $GLD $PHYS http://bit.ly/11HzCOr - View all 7 replies
-
Jason Burack: Supply is a lot tighter than the mainstream financial media wants people to think. If it wasn't why are allocated accounts being stolen?
-
Jason Burack: Also, if there is plenty of gold around how come Germany has 2 wait 7 yrs & is only getting a small amount delivered back? Answer is obvious
-
Jason Burack
$GLD $PHYS If there's so much above ground gold available 4 purchase, how come GLD is shorted to get people to cough up physical? - View all 1 replies
-
bd4uandu: Very good questions. Maybe things are not quite what they seem?
-
Jason Burack
$GLD $PHYS If there's so much above ground gold available 4 purchase, how come Germany has 2 wait 7+ years 2 get a tiny amount of gold back? - View all 0 replies
-
Jason Burack
$GLD $PHYS If there is so much above ground gold available for purchase, how come allocated accounts being raided & defaulted on? - View all 0 replies
-
Jason Burack
$PHYS $GLD $SLV $PSLV Hong Kong Gold exchange out of metal & (defaults) to cash settlement! http://bit.ly/10mkxwJ - View all 0 replies
-
Jason Burack
$PHYS $GLD worldwide demand for physical gold increased 8 percent last year according to the World Gold Council yet the paper price drops? - View all 2 replies
-
-
Jason Burack: Not for my physical holdings. I buy those for insurance, wealth preservation & savings. But, I also buy gold & silver shares
-
- View all 0 replies
-
- View all 5 replies
-
-
-
Jason Burack
I see so many contrarian indicators that we've bottomed in $GLD $PHYS w more appearing each day it's not even funny - View all 26 replies
-
Jason Burack: You can buy dividend stocks & also top commodity producers & then stack metal.
-
bd4uandu: Thanks, I think I got it but it doesn't feel right. Like your walking along all of a sudden something jumps out at ya.
LATEST REPLIES
-
Jason Burack
Update on Gold suppl/demand fundamentals from World Gold Council $GLD $PHYS http://bit.ly/11HzCOr - View all 7 replies
-
Jason Burack: Supply is a lot tighter than the mainstream financial media wants people to think. If it wasn't why are allocated accounts being stolen?
-
Jason Burack: Also, if there is plenty of gold around how come Germany has 2 wait 7 yrs & is only getting a small amount delivered back? Answer is obvious
-
Jason Burack
$GLD $PHYS If there's so much above ground gold available 4 purchase, how come GLD is shorted to get people to cough up physical? - View all 1 replies
-
bd4uandu: Very good questions. Maybe things are not quite what they seem?
-
Jason Burack
$PHYS $GLD worldwide demand for physical gold increased 8 percent last year according to the World Gold Council yet the paper price drops? - View all 2 replies
-
-
Jason Burack: Not for my physical holdings. I buy those for insurance, wealth preservation & savings. But, I also buy gold & silver shares
-
- View all 5 replies
-
-
-
Jason Burack
I see so many contrarian indicators that we've bottomed in $GLD $PHYS w more appearing each day it's not even funny - View all 26 replies
-
Jason Burack: You can buy dividend stocks & also top commodity producers & then stack metal.
-
bd4uandu: Thanks, I think I got it but it doesn't feel right. Like your walking along all of a sudden something jumps out at ya.
-
- View all 8 replies
-
Jason Burack: Most shorts do not study accurate fundamentals though & think all info is in the charts.
-
-
Jason Burack
Interview I did w gold hedge fund manager Dave Kranzler about $GLD $PHYS $GDX $GDXJ $SLV $PHYS http://bit.ly/12GT7VQ - View all 18 replies
-
Jason Burack: Unlike most mining company CEOs, most American CEOs have been very efficient and aggressive cutting costs. Very shrewd.
-
-
Jason Burack
Dumb money in Japan is selling their gold $GLD $PHYS instead of buying it. Just like a lot of people here in the US. - View all 2 replies
-
losbronces: Don't forget that Cyprus is being forced by the EC to sell gold reserves too. -
Jason Burack: True. The paper markets and mining shares say bear market but the supply/demand for physical says the exact opposite. 100% irrational!
-
- View all 11 replies
-
Jason Burack: Every trend trading hedge fund manger, their friends and their friend's friends are short gold thinking it's easy money to short.
-
Jason Burack: New Gary Savage interview. He has a pretty good track record of calling bottoms in gold and silver http://bit.ly/10z9lO3
-
- View all 4 replies
-
x oil -field: ''If'' you fear your own shadow, or the you know.. ''the boogie-men'' in the $WH you can always buy $UVXY $TVIX at a new new lower price.
-
x oil -field: Little girl talking trash about boogie man,''she has no fear'' http://bit.ly/XkGdGT // http://bit.ly/YGHwXa
-
x oil -field
$INDY Impact Of A Proposed Tax Hike On India's $GOLD Imports Jan.5, 2013 by:Alex Canahuate. $INR $GLD $PHYS http://seekingalpha.com/a/nhq5 - View all 4 replies
-
x oil -field: $GLD Fitch Ratings reiterated its "negative" outlook on India's sovereign credit rating on 8 January 2013. $SLV $INR http://bit.ly/UUs31w
-
x oil -field: If you're reading u are one of the lucky folks,when cascade begins it will be when all are sleeping,u can be sure it will go through stops.
-
- View all 3 replies
-
ramish: From mid-year, CEF is up 7% and PHYS is up 1%. What's wrong w/PHYS? -
ramish: Anyone? Both are physical bullion trusts, yet perform so differently. Why?
-
- View all 1 replies
-
-
- View all 2 replies
-
John R. Conway: golden cross also working nicely for SLV. If SLV can break current levels I'm looking for $35 -
-
- View all 4 replies
-
-
The_American: Who said I did not have PHYS I have American buffalo and the Eagle. They should make Buffalo in fractions The U.S. Mint should have more