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Briggsy » Comments » GLD

  • The Problem with GLD and SLV ETFs [View article]
    silas marner, I agree about the attractiveness of CEF. They have been around since the early 60s, and as stated in their shareholder reports make regular field trips to visit their gold and silver and take their auditors with them.

    CEF is a closed-end fund however, not an ETF. So they are under no obligation to tender their holdings in the manner theoretically available to shareholders under an ETF share redemption procedure.
    Dec 14 14:07 pm |Rating: 0 0 |Link to Comment
  • 10 ETFs To Be Thankful For [View article]
    rmaring478, I would say the big difference is the ability to trade SPY intraday. You can like it or hate it, and be in and out of it however you want to scale your position, as many times as you want during market hours.
    Nov 28 19:10 pm |Rating: 0 0 |Link to Comment
  • Is Gold Regaining Its Luster? [View article]
    DGP: 5EMA crossing both 8EMA and 20MA. This is positive momentum.
    Nov 23 11:54 am |Rating: 0 0 |Link to Comment
  • Is the Bull Run in Commodities Over? [View article]
    Realsit, your urban food observation would seem to make a strong case for hydroponics and the electricity grid.
    Sep 03 13:04 pm |Rating: +1 0 |Link to Comment
  • Precious Metals Manipulation: Lawyers Prepare for Battle [View article]
    The author is clearly a disgruntled gold bug. But I will echo his sentiments to this extent:

    Phony gold is fraud regardless of the apparent strength of the counterparty minting it, and the Comex harms its brand by not policing the abuse; and

    Commodity speculation of any kind is not a suitable activity for FDIC insured banks.
    Sep 03 12:10 pm |Rating: 0 0 |Link to Comment
  • Wednesday Outlook: Commodities, Emerging Markets [View article]
    It is inspiring to see how many folks believe it is their patriotic duty to go long at this level and volunteer to absorb more of the economy's de-leveraging in their own accounts.
    Apr 02 06:39 am |Rating: 0 0 |Link to Comment
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