Tag Archives: etfs

Silver, Y’all (and why I don’t own the GLD and SLV ETFs)

If you’re curious about silver as in investment, watch this Eric Sprott video. I agree with pretty much everything he says, including not worrying too much about diversification. I’m positive that silver and gold are going up, based on the … Continue reading

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Richard Russell: “Sell Everything Liquid, You Won’t Recognize America By The End Of The Year”

Via iTulip: About Dow Theory — First, we saw the recent April highs in the Averages. Then we saw a plunge in both Averages to their May 7 lows — Industrials to 10380.43, Transports to 4298.12, next a short rally. … Continue reading

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Comex settling gold contracts with cash instead of gold

Jesse’s Cafe Americain – Gold, Comex and the Exchange for Physical: Some months ago a chap described changes in the comex rules for futures contract deliveries. Therein it was described that the EFP, exchange for physical, rules were amended to … Continue reading

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Gold hits another all time nominal high of $1,059 Oct. 7

MoneyWeek – Gold hits an all-time high – yet no one’s interested: I remain among my ‘cleverer’ friends (some of them owned Northern Rock) the eccentric who bought gold. I am still waiting for the day when they come to … Continue reading

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Not enough silver for the SLV ETF?

Ed Steer is skeptical: The Comex Delivery Report showed that 6 gold and 23 silver contracts were delivered yesterday. I see that the GLD ETF showed a big jump yesterday… up a fairly substantial 490,487 ounces… 15.3 tonnes. The SLV … Continue reading

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Wells Fargo halts sales of leveraged and inverse ETFs

The other week I mentioned the dangers of investing in inverse ETFs and leveraged ETFs. Now Wells Fargo Advisors is “no longer permitting its advisers to sell leveraged and inverse exchange-traded funds through advisory accounts.” Link. According to Minyanville other … Continue reading

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More on leveraged and inverse ETFs, and natural gas

The other day I mentioned that inverse and leveraged ETFs (such as 2x ETFs) could be dangerous. I wanted to buy some natural gas stocks, which are crazy low right now. I looked at HOU and found this description: Horizons … Continue reading

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“Warning: Leveraged and Inverse ETFs Kill Portfolios”

Morningstar – Warning: Leveraged and Inverse ETFs Kill Portfolios: If you think ‘Morningstar is just too conservative,’ then please read any one of these articles from other sources here, here, and here. My intent is not to scare you away from pursuing … Continue reading

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