Quote & Headlines
Market Currents
StockTalk
Today
5d
1m
3m
1y
5y
10y
52wk high:
52wk low:
EPS:
PE:
Div Rate:
Yield:
Market Cap:
Volume:
1,493 people get PHYS articles and Market Currents by email alert.
Get email alerts on PHYS »
HEADLINES:
ALL
|
PRO
|
FOCUS
|
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
- Friday, May 17, 3:55 PM The bear market in gold (GLD, IAU) has left three closed-end funds trading at abnormally large discounts to NAV, says Morningstar's Cara Esser: GTU, CEF, and PHYS. Likewise, a small selloff in municipal (MUB) paper has left these muni CEFs at attractive values: NXR, MYD, NXP. 2 Comments [Quick Ideas]
- Friday, May 17, 11:57 AM "Do you really think risk-averse central bankers are going to try and catch the knife," asks Credit Suisse commodity research chief Ric Deverell about gold. "No" is his answer as this crowd only buys when the price is headed higher. Of reports of heavy physical buying, he's unimpressed, noting investment demand (ETFs) is the gorilla in the gold market. The metal's (GLD -1.6%) within a few dollars of taking out the 26-month low hit in April. 17 Comments [Commodities]
- Thursday, May 16, 7:18 AM Precious metals continue to tumble, with gold at $1,374 nearing the panicky lows (about $1,350) seen during April's liquidation. Any excuse will do in a bear market, and filings released yesterday containing data anywhere from 6 weeks to 5 months old showed continuing sales of gold ETPs by names such as Soros and BlackRock. GLD -1.3%, SLV -1.3% premarket. 9 Comments [Commodities, On the Move]
- Wednesday, May 15, 11:16 AM Gold (GLD -2.1%), (IAU -2.2%) sinks back below $1,400 as the bounce since mid-April is officially over. At work here, suggests RBC Capital, is the strong stock market. To participate, foreign investors sell gold, buy dollars (UUP is up big in May), and call their stockbrokers. Commerzbank notes gold ETF outflows were another 6 tons yesterday, bringing the total since early April to 230 tons. Silver (SLV -3.1%) tags along. 34 Comments [Commodities, On the Move]
- Sunday, May 12, 5:21 PM Money managers yanked $1.27B out of gold and precious metals last week, bringing the year-to-date drawdown to $20.8B. The largest gold ETF (GLD) is down 13.8% YTD. It largest shareholder, John Paulson, remains bullish on gold; his Gold Fund is down almost 50% this year. (Gold ETFs: GLD, IAU, SGOL, PHYS, AGOL, DGL, UBG, DGP, UGL, DZZ, GLL, DGZ, UGLD, DGLD, GLDI) 7 Comments [Commodities]
- Friday, May 10, 7:33 AM The stronger dollar has precious metals resuming their decline in force (or is the decline in precious metals strengthening the dollar), with gold (GLD) off 2.3% and silver (SLV) off 2.2%. Crude oil (USO) pulls back a bit from its recent big rally, -0.9% to $95.53. 106 Comments [Commodities, On the Move]
- Tuesday, May 7, 11:39 AM The bounce in precious metals takes a breather, with gold (GLD) off 1.6% and silver (SLV) off 1.2%. It's more tough news for John Paulson after his gold fund reportedly lost 27% in April, bringing the YTD loss to about 47%. Add David Einhorn to those taking a hit: "We were somewhat surprised by the swift decline," he said on the GLRE earnings call (transcript), especially given the BOJ's joining in "the global monetary printing race." Einhorn sees nothing to change his long-term bullish stance. 9 Comments [Commodities, Financials]
- Friday, May 3, 9:56 AM Gold's (GLD) "short-term" tape is damaged, says Ned Davis Research, but the bullish long-term charts and the macro backdrop remain in place. Behind the recent pain is an upturn in real interest rates since the August 2011 gold peak, driven most recently by a "cliff-dive" in inflation expectations. 2 Comments [Commodities]
- Tuesday, April 30, 11:01 AM Australia's Perth Mint - which refines nearly all of that nation's gold bullion - has its factory working weekends to keep up with demand. "We haven't seen levels like this since (2008)," says sales chief Ron Currie. "We're being inundated with people buying products," he continues, noting U.S. orders are particularly heavy. GLD -0.25%. 11 Comments [Commodities]
- Monday, April 29, 3:33 PM Outflows from gold ETPs have hit a record 159 metric tons so far this month, bringing YTD outflows to 319mt or 12% of holdings at the year's start. As comparison, gold inflows for all of 2012 were 279mt. The largest of gold ETFs, State Street's (STT) SPDR Gold Trust (GLD) has seen outflows of 11% this month to 1,083mt. 21 Comments [Commodities]
- Monday, April 29, 11:52 AM Gold's next big move is down, say some technicians, with the current bounce from the mighty selloff 2 weeks ago a low-volume affair that - if anything - reinforces the negative bias, according to Merrill's MacNeil Curry. "There a tremendous amount of overhead supply from the mid-to-low $1,500s," says Larry Berman, expecting a tight range for now, but eventually a price below $1,300. GLD +1.1%. 11 Comments [Commodities]
- Monday, April 29, 7:31 AM Precious metals continue their comeback tour, with the dollar (UUP) being lower across the board as good an excuse as any for buying this morning. GLD +1.1%, SLV +1.5% premarket. The greenback is particularly weak vs. the aussie (FXA), +0.6%. Comment! [Commodities, On the Move]
-
Friday, April 26, 4:24 PM
The week's ETF movers - Gainers: TAN +14.6%. XHB +6.2%. OIL +5.5%. USO +5.5%. PHYS +4.4%.
ETF Losers: VXX -5.8%. GAZ -5.3%. UNG -4.5%. DBA -1.0%. EPI -0.4%. Comment! [On the Move] - Thursday, April 25, 3:39 PM Gold (GLD) futures jumped nearly $40/oz. to log their biggest one-day gain of the year, supported by physical demand, prospects for easier global monetary policies and a weaker U.S. dollar. Today's rally brings gold's recovery to ~50% of losses from the selloff that began ~$1,560. Silver (SLV) enjoyed an even bigger bounce, rising 5.7%, but it needs a lot of catching up to approach historical gold/silver ratios. 12 Comments [Commodities, Global & FX]
- Thursday, April 25, 11:50 AM The UT endowment unloaded $375M of its $1.4B in physical gold (PHYS) in the quarter ended Feb. 28, reinvesting the proceeds in gold futures ($75M) and developed market equities ($300M). CEO Bruce Zimmerman - noting little's changed in the bullish thesis - says the fund's gold exposure remains the same due to the leverage involved with gold futures. 3 Comments [Commodities]
- Thursday, April 25, 10:44 AM Gold's reaction to Tuesday's fake AP tweet illustrates a "new reality" for the metal says Deutsche's Jens Johansen, who notes the price reacted last (vs. stocks and currencies) and barely budged. His team feels this lends support to their bearish thesis for gold and an expectation it's headed to $1,300 before stabilizing. GLD +1.7%. 10 Comments [Commodities]
-
- 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.
-
-
- View all 0 replies
-
Jason Burack
$GLD $PHYS Gold is now trading at its most oversold levels on record EVER! Yes, worse than 2008 & 1980! http://bit.ly/13788Ti - View all 0 replies
-
Jason Burack
$GLD $PHYS Gold around $1350 now makes a pretty high % of world Gold production uneconomic. - View all 0 replies
-
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
-
Jason Burack
Sprott's new research piece on Gold $GLD $PHYS shows the numbers do not add up w/out the Fed selling some of its Gold! - View all 0 replies
LATEST 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.
-
-
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 6 replies
-
x oil -field: @SA MarketCurrents: 11:06 PM Precious metals continue to sell off sharply. $GLD $SLV http://bit.ly/xy34Z5
-
x oil -field: $INR As gold prices crash, market gaze turns to quality of gold loan portfolio. New Delhi http://bit.ly/17nxrgG $ICN
-
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
-
x oil -field
$GOLD Is It Time For Everyone To Just Give Up? by: Avi Gilburt. $AGOL $GLD $IAU $PHYS http://bit.ly/X6ecHF - View all 5 replies
-
x oil -field: ELKO,NV.-- Great Basin Gold Limited's subsidiary Rodeo Creek Gold Inc."Rodeo Creek" and certain of its affiliates "Co." entered Chapter 11.
-
x oil -field: Bloomberg: Gold Miners Come Clean on Costs After Lost 6 Years: Commodities. $GLD http://bloom.bg/ZzAtw4
-
- 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
-
- 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
-
- View all 1 replies
-
-
- View all 2 replies
-
Hillbilly Stock Star: Gold is a Central Bank Ponzi scheme, imo. Just schocking the monkey! -
-
- View all 1 replies
-
