ETFS Gold Trust
When one thinks about prospecting for gold, images of miners with pick axes and water pails, trying to fill a small nylon bag spring to mind. Investing in gold has evolved greatly, from paying high commissions to coin dealers to buying on futures contracts or investing in mining companies to today’s preferred method of buying gold: an exchange traded fund.
Exchange traded funds are investment funds that, similar to more »
The frenzied demand for precious metals has fueled the financial engineers to develop new and competitive ways to be a conduit and deliver access to this marketplace. One of the recent developments meeting this demand was the creation of trusts that hold the physical metal and issue shares against the holdings.
This style of trust brought to life a new type of ETF that only tracked the value of the more »
The bets are running high on the speculation around the possibility of Greece exiting the European Union, AKA Grexit. How might such an event might affect the price of gold and by extension SPDR Gold Shares? Let's examine this issue:
In recent weeks there have been a lot of headlines revolving around the Greek debt crisis. The recent elections that weren't successful to form a new government only more »
We are in an election year and since this is the case, we need to keep in mind that it only makes sense that the powers that be will do all they can to make economic conditions favorable to get re-elected. This includes a strengthening economy, low inflation, and a strong dollar.
One thing that does not appear to go hand in hand right now is a strong dollar and more »
In a recent review interview published in Bloomberg, Barrick (NYSE: ABX) officials claimed gold producers' stocks prices are due for a rally after they have been underperforming for years compared with the sharp gains in gold price.
Is Barrick, the leading gold producer in the world, due for a comeback in 2012? Barrick officials claim that not only Barrick but also other leading gold producers didn't enjoy the rally more »
Precious metals are among the most popular investment avenue lately but most investors shy away either due to large investment amounts or difficulty (aka security issues) in holding on to the physical commodity. This is another place where ETFs come to the rescue! Easy to buy and sell, and also to hold. For investors interested in owning precious metals, here's are 5 of the best choices if you're more »