COMEX Gold Trust

Crisis in Europe: ETFs for a Greek Tragedy « ETF Trends

Market Vectors Junior Gold Miners ETF (NYSEArca: GDXJ): Holds the stock of small- and mid-cap gold mining companies. iShares COMEX Gold Trust (NYSEArca: IAU): Holds physical gold bullion . PowerShares Global Gold and Precious Metals …

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BANK NIFTY INTRA DAY TIPS: How to invest in gold and key price drivers

Other gold ETFs include iShares COMEX Gold Trust , ETF Securities’ Gold Bullion Securities and ETFS Physical Gold, and Zurich Cantonal Bank’s Physical Gold. BARS AND COINS Retail investors can buy gold from metals traders selling bars and coins in specialist … Supply and demand fundamentals generally do not play a big role in determining gold prices because of huge above-ground stocks , now estimated at around 160000 tonnes — more than 60 times annual mine production. …

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Gold ETF Rides Chaos To New Records | Daily Markets

DailyMarkets – Stock Trading, Forex Trading News & Opinions … At that level, the popular gold ETF is among the largest holders of gold bullion in the world; only the U.S., Germany, Italy, France, and the IMF have larger reserves. GLD wasn ‘t the only gold ETF seeing a surge in interest. The iShares COMEX Gold Trust (IAU) now has about $3.1 billion in assets, and several futures-based gold ETFs have seen spikes in cash flows and trading volumes as well (for a complete …

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American Gold Bullion ETFs 101

Filed in COMEX Gold Trust, Gold, Gold ETF, Gold Prices, gold-bullion by on April 25, 2010 0 Comments

The label “gold bug” may suggest a kooky old man who spends a lot of time in his basement reading conspiracy theory newsletters. The truth, however, is that there are many legitimate reasons to trade in gold and its derivatives. Gold has been proven time and time again to be an excellent “safe haven” investment, a holding that will appreciate in value during times of economic uncertainty. As such, gold may offer some valuable hedging and diversification benefits for a long-term portfolio. Words: 1002

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Gold ETFs: Paper vs. Bullion

Gold ETFs: Paper vs. Bullion

Gold is one of the most important investments to own— especially now. Gold prices have been trading around $1,100 an ounce for a few weeks. But long-term trends point to gold prices over $2,000… $3,000… maybe even over $5,000 an ounce. These trends include: Weakness in the U.S. dollar Economic uncertainty Supply constraints Growing investment demand Cyclical bull market Geopolitical uncertainty Advertisement It’s like getting a piece of the automobile market back in 1908. And not just Ford either. We’re talking about the market as a whole. Oil, rubber tires, road construction… the whole nine yards! Click here to learn more. Ten years ago, it was difficult to invest in gold without holding the physical bullion. But the development of the gold ETF market in 2003 changed all that. Today, one of the easiest ways to invest in gold is through Exchange-Traded Funds (ETFs). Gold ETFs are an efficient way to invest in gold without dealing with the troubles of holding the physical metal, such as storage. Gold ETFs are traded just like shares of stock. You can buy and sell a gold ETF just as easily as shares of any company. And they trade on major stock exchanges including New York, London, and Sydney. It’s important to note, however, that all gold ETFs are not created equally. Some gold ETFs buy and hold the physical bullion, while others invest in futures contracts. The physically-backed gold ETFs will track the spot price of gold more accurately. Physically-backed gold ETFs include SPDR Gold Trust (NYSE: GLD) and iShares COMEX Gold Trust (NYSE: IAU). These ETFs store physical gold in secure bank vaults. Gold ETFs that track the futures market will following gold prices very closely, but may deviate due to backwardation and contango in the commodity futures markets. Gold ETFs with that track futures contracts include PowerShares DB Gold Fund (NYSE: DGL) and USB E-TRACS CMCI Gold Total Return (NYSE: UBG). Typically a small commission is charged for trading gold ETFs and a small annual storage fee is charged. The annual expenses of the fund are charged by selling a small amount of gold represented by each certificate, so the amount of gold in each certificate will gradually decline over time. Despite the fees and expenses, gold ETFs have become one of the most popular gold investments. The World Gold Council reported that the world’s total gold ETF market grew 85% relative to 2008. Other precious metal ETFs have exposure to gold. These precious metal ETFs include the Central Fund of Canada (AMEX: CEF), which is backed by gold and silver bullion. Both the PowerShares DB Precious Metals Fund (NYSE: DBP) and iPath Dow Jones-UBS Precious Metals ETN (NYSE: JJP) have exposure to gold. These products track futures contracts to follow the price of a basket of precious metals that is tilted heavily towards gold. For investors looking for leverage, Van Eck offers the Gold Miners ETF (NYSE: GDX), based on an index that provides exposure to publicly-traded companies engaged in mining for gold. Another option is the Junior Gold Miners ETF (NYSE: GDXJ) also from Van Eck. This fund focuses on equities of small and mid cap gold companies. For investors looking to leverage the price of gold even further, I invite you to check out the profits you could be making right now by joining my Hard Money Millionaire advisory service. In 2009, the Hard Money Millionaire portfolio delivered 22 winning investment recommendations out of 23 ventures — a 95.7% success rate. …

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George Soros Bets on Gold

Filed in COMEX Gold Trust, gld, Gold, Gold Company, Gold ETF, GOld juniors by on March 5, 2010 0 Comments
George Soros Bets on Gold

Legendary hedge fund manager George Soros is double downing his bet on gold, even though he considers the market to be a bubble. Back in late January, at the World Economic Forum, Soros called gold “the ultimate asset bubble.” He failed to mention, however, that his hedge fund had recently more than doubled its position in the yellow metal. Advertisement The Best Lithium Play on the Market A tiny Chinese lithium play is about to corner the market. Even Warren Buffett is excited about it. He’s already bought in. In all reality, this could be the best stock to own for the next five years. Click here to read all about it. A recent SEC filing shows Soros Fund Management LLC— which manages about $25 billion— increased its investment in the SPDR Gold Shares ETF (NYSE: GLD ), the world’s largest gold ETF, by 152% in the fourth quarter of last year. The New York-based firm became the fourth-largest holder in the ETF when it increased its stake in GLD to 6.2 million shares, worth $663 million at the end of 2009. But last month, in comments delivered on the fringe of the World Economic Forum, Soros said: “When interest rates are low we have conditions for asset bubbles to …

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Investing in gold with ETF.

Investing in gold with ETF.

a onblur=”try {parent.deselectBloggerImageGracefully();} catch(e) {}” href=”http://2.bp.blogspot.com/_28p7XDn4Qb0/Sxp2FczwENI/AAAAAAAACGY/Rb8gnERLYT4/s1600-h/gold-bars.jpg”img style=”margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 283px; height: 212px;” src=”http://2.bp.blogspot.com/_28p7XDn4Qb0/Sxp2FczwENI/AAAAAAAACGY/Rb8gnERLYT4/s320/gold-bars.jpg” alt=”” id=”BLOGGER_PHOTO_ID_5411767738243748050″ border=”0″ //abr /span style=”font-weight: bold;”Recently I posted article about/spana style=”font-weight: bold;” href=”http://stockweb.blogspot.com/2009/11/how-to-invest-physically-in-gold.html” investing in physical gold/aspan style=”font-weight: bold;” like buying coins, ingots or bricks. This time I would like to cover the other side of gold investing which is investing without keeping or owing physical gold./spanbr /br /One of the most common investment product that act as alternatives for those who want to invest in gold is ETF, or exchange traded funds (sometimes translated as index shares). It is a form of collective investment funds with low costs, greater flexibility and transparency, and accurate monitoring of the underlying asset (index, commodity, etc.).br /br /ETF gold are due to its properties as an ideal alternative to physical gold. Emerged as a tool for investors who want to own physical gold, but do not have it stored at home and want to have it for cheaper money. Management fee is usually less than half a percent, but to be added charges for trading broker, which may not be the cheapest.br /br /In 2004, the WGC, in cooperation with State Street Global Advisors launched gold ETF on the New York Stock Exchange under the name of streetTRACKS Gold Shares, now called Tracks SPDR Gold (GLD). Today, this product is also traded on stock exchanges in Singapore (GLD 10US $), Tokyo (1326) and Hong Kong (2640). At present it is the most popular investment tool for investing in gold and indirectly holds more than the custody of 1 127 tonnes of gold.br /br /Other well-known ETF are iShares COMEX Gold Trust, which determines the price based on the price of futures contracts on the COMEX commodity exchange. Traded on the New York Stock Exchange (IAU) and the Toronto Stock Exchange (IGT). The Fund currently holds 80.72 tons of gold, but in this case, there are criticisms and doubts about the quantity of gold which backed securities. The Depositary is The Bank of Nova Scotia, Canada.br /br /Among the investors are very popular Canadian ETF Central Fund of…

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