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mauijeff » Comments » GDX

  • Time to Be Bullish on Gold and Precious Metals [View article]
    The SLV and GLD ETFs are derivatives. They are not vaults with the metals. These ETFs lease there metals freely. Almost all of their metals have multiple claims. If you want to invest in silver and gold you should use the Central Fund of Canada (CEF). The CEF holds it's metals unencumbered.
    Mar 09 04:04 am |Rating: +1 0 |Link to Comment
  • Gold: Recycling Threatens Demand-Supply Equation [View article]
    The percentage of gold used in jewelry is low. I don't think that physical demand for jewelry will have much effect on the price of investments in gold. However, jewelry shops around the world will probably not do well when people need to put food on the table.
    Jan 05 05:31 am |Rating: +4 -1 |Link to Comment
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