Category Archives: metal
bght FCX
another buy filled=FCX
Let’s Reflect about What is going On?!
Materials, Financials, Industrials, Consumer Discretionary, and Technology have been leading the market higher. I like energy and have been blogging about energy for 2 months now. Our holding in ESV was up over 5% today. Seems to me HMO(s) will continue … Continue reading
Gold, Copper etc HIT HARD
FCX (gold and copper) down 9% IAU(gold etf) down 3.5% Seems a lot of people have notified their Fund that they want out. Fund has to have a lot of cash. Gold is easy to sell and … Continue reading
GG reports good results+Raises Dividend
our holding GoldCorp GG reported very good results. I’m waiting for Conference Call. Go to GG website http://goldcorp.com/Investor-Resources/Events-and-Webcasts/EventDetails/2011/Third-Quarter-2011-Conference-Call-and-Webcast/default.aspx or http://www.reuters.com/article/2011/10/26/goldcorp-idUSN1E79P23Q20111026?feedType=RSS&feedName=marketsNews&rpc=43
currency investing with etf(s)
Wisdomtree.com and Rydex.com and perhaps others have created etf(s) or etn(s) that provide us with the ability to buy currency. They all work differently. Morningstar, Yahoo/finance and other sites often guide you through the pluses … Continue reading
gold etf(IAU) vs gold mine company(GG) Portfolio owns Both! Why?
Look at the huge difference in performance today. GG, Goldcorp, is up 3.68% and a gold ETF, IAU, which reflects gold bullion, is up .13%. Why the difference? My guess, hedge funds need cash to pay-off redemptions, people pulling-out of the … Continue reading