secmaven

Yamana: Thinking Trades in Gold

As long as JP Morgan Chase is on the job gold will go nowhere.

ETF vs. Mutual Fund: Two Ways to Invest in Gold Miners

Gold mining stocks have never ceased to amaze me. Here is an industry that:

1. Pays essentially no dividends,
2. Produces a wasting asset,
3 Is under world wide siege from environmentalists
4 Faces expropriation threats from a change in the political climate
5. Has to placate an often truculent work force
6. Must constantly replace its physical production capital at higher and higher
cost

And yet every time the price of gold moves up a few percentage points the stocks in this industry take off for the moon and then quietly come back to earth as the reality sets in. Even if gold would go up 50%, the actual economic benefit to the shareholders will be zip, nada, nothing.

Buy gold or a double geared gold ETN. Forget the stocks.

Value Investing: Going for the Gold (and Silver)

Now that the small investor can buy GLD and SLV why buy hope in a hole mining stocks and run the political and cost of production inflation risks that the hope will never be realized?

Dollar and Oil Are Manipulated by ECB and Fed

iThinkBig...our destiny is Chris Angel