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The Dollar-Proof Portfolio

Thu, 05 Nov 2009 17:31:14 GMT

Don't put off this important piece of the financial-planning process.[More...]

Gold: 'Topside $1200'

Tue, 03 Nov 2009 20:21:35 GMT

The outlook for junior Gold Mining stocks... RICHARD GRAY of Blackmont Metals & Mining became a CFA in 2005 and earned his Bachelor of Applied Science (Geological and Mineral Engineering, 1997) from the University of Toronto, says the Gold Report.[More...]

Gold Confirms Bull Market

Tue, 03 Nov 2009 20:12:02 GMT

Gold broke out to new highs today confirming a renewed bull market in the golden metal. Using GLD for a proxy, you can see that gold broke out to new all time highs in early October and cruised up over $104. After basing for two weeks GLD pulled in hard in a brutal shakeout move. The previous all-time highs were $100.44 and GLD saw some profit-taking as the dollar bounced. My post on October 28th could not have been more well-timed. My post went up when GLD was printing $100.67 and the low of the drop was $100.65. Upon retesting previous highs and finding continued buying support, gold exploded to new highs in just 4 days.[More...]

ETF Preview: Transportation Funds Get Boost From BNI Deal - Banking Funds Drop On European News

Tue, 03 Nov 2009 12:52:36 GMT

Major market ETFs, including the SPY, DIA, UYG and others, are lower in reaction to sharp downside futures trading. European banking declines are weighing on financial markets. An Australian interest-rate hike is seen as a sign of more tightening to come around the globe, the timing of which will be crucial in keeping the recovery on track.[More...]

Minor Gold Decoupling

Mon, 02 Nov 2009 18:53:09 GMT

A 1% bounce in the dollar last week precipitated a 4% drop in the equity markets and a 1% fall in gold prices. The dollar's slow, controlled deterioration since the March 2009 high has shown a very tight inverse correlation to rising gold and equity prices. This week was no different as the relatively large jump in the dollar saw a sharp reaction from other assets priced in dollars.[More...]

Missing Gold Bars At GLD ETF?

Fri, 30 Oct 2009 21:38:38 GMT

Rob Kirby has recently alerted people at financialsense.com for the possibility of missing gold bars at GLD. Here is what he said: An alert reader I communicate with (who shall remain anonymous) has been documenting the length of the published GLD bar list: on Friday, Sept. 25[More...]

Dollar Drives Assets Lower

Wed, 28 Oct 2009 20:59:55 GMT

The inverse correlation between the dollar currency and assets priced in dollars has been very strong the last couple months given the increased volatility of the dollar currency. The bounce in the greenback precipitated a 350-point drop in the Dow Jones and a $40 an ounce fall in gold prices. A good deal of our profits in gold have evaporated after only taking a very small portion off at $104 on the stalling in momentum. We looked for a holding of the rising trendline at $102 but that was not to be. The dollar had other ideas as it continues its bounce off support.[More...]

Will Gold ETF Investors Drive The Price Of Gold To $3,000?

Wed, 28 Oct 2009 17:13:02 GMT

Lawrence Williams From Mineweb writes some great things on what Jeff Nichols spoke about for the future of the ETF gold market:[More...]

Three Ways To Profit From Rising Oil Prices

Wed, 28 Oct 2009 12:47:08 GMT

By Martin Hutchinson Contributing Editor Money Morning Crude oil is knocking on the door of $80 a barrel. That’s not what experts have been expecting. At the start of the year, when oil prices...[More...]

Gold Shake-Out? Dollar Trendline Break?

Mon, 26 Oct 2009 21:07:54 GMT

Gold saw a 1.5% drop today edging below $1,040 an ounce with the GLD following suit dropping $1.63. The drop brings GLD into a crucial support area at $102. GLD saw a sharp drop at the end of September as well dropping from over $99 into the $97 support level. GLD held, quickly reversed off support and pushed to new highs. The pull-in acted as a shakeout of weak holders allowing gold to quickly rally without the overhead resistance from weaker sellers.[More...]

Gold Participation and Income Fund Completes Closing of Over- Allotment Option and Separation of Combined Units

Wed, 26 Aug 2009 14:47:00 GMT

TORONTO, Aug. 26 /CNW/ - Gold Participation and Income Fund (the "Fund"), a closed-end investment trust designed to provide investors with Canadian-dollar exposure to the long-term performance of gold bullion and gold equity securities while providing a monthly distribution stream and mitigating downside risk, is pleased to announce that it has completed an issuance of an additional 50,000 Combined Units pursuant to the exercise of the over-allotment option granted to the Fund's agents in its recently completed initial public offering.
Altogether, the Fund has raised gross proceeds of $28.2 million under the offering, including the proceeds from the over-allotment option.
The Fund is also announcing the separation of the Combined Units into Units and Warrants to purchase Units of the Fund.

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Gold Participation and Income Fund Announces Exchange Ratios

Mon, 20 Jul 2009 21:51:00 GMT

TORONTO, July 20 /CNW/ - Gold Participation and Income Fund (the "Fund"), a closed-end investment trust designed to provide investors with Canadian-dollar exposure to the long-term performance of gold bullion and gold equity securities while providing a monthly distribution stream and mitigating downside risk, is pleased to announce the exchange ratios for the Fund's exchange option (the "Exchange Option") with respect to its initial public offering.
Under the Exchange Option, prospective purchasers had the opportunity to exchange Shares of SPDR Gold Trust and freely- tradeable listed securities of issuers in the S&P/TSX Global Gold Index or the S&P/TSX 60 Index (collectively, "Exchange Securities") for Combined Units of the Fund (each Combined Unit consisting of one Unit of the Fund and one Warrant for one Unit).
Under the Exchange Option, the number of Combined Units issuable in exchange for Exchange Securities deposited by prospective purchasers was determined by dividing the weighted average trading price of the Exchange Securities on the Toronto Stock Exchange, The New York Stock Exchange or The NASDAQ Stock Market, as the case may be, during the three consecutive trading days ending on July 17, 2009, as adjusted to reflect dividends declared or distributions pending which will not be received by the Fund (such adjusted trading price being the "Exchange Price") by $12.00 (being the issue price of a Combined Unit).

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Gold Participation and Income Fund Files Preliminary Prospectus

Tue, 09 Jun 2009 21:47:00 GMT

TORONTO, June 9 /CNW/ - Gold Participation and Income Fund (the "Fund"), an investment trust designed to provide investors with Canadian-dollar exposure to the long-term performance of gold bullion and gold equity securities, while providing a monthly distribution stream and mitigating downside risk, is pleased to announce that it has filed and received a receipt for its preliminary prospectus from the securities regulatory authority in each province of Canada.
The offering is expected to close in mid-July 2009.
The Fund will seek to achieve its objectives by investing 100% of its net assets in the gold sector - initially 50% in Shares of SPDR Gold Trust, an exchange-traded fund that seeks to track the price of gold by investing directly in gold bullion, and 50% in a portfolio (the "Managed Gold Portfolio") of equity securities selected from the S&P/TSX Global Gold Index, a dynamic international benchmark of the world's leading gold companies.

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Pound Continues Its Climb Against Dollar

Thu, 21 May 2009 15:06:00 GMT

THE pound continued to climb against the dollar this morning, hitting $1.5792 -- up from January's 23-year low of $1.35.
The dollar was also weaker against both the euro and the yen.
Meanwhile demand for gold continued to rocket in the first quarter of the year, the World Gold Council (WGC) said yesterday, although it is wary investors rather than recession-spooked consumers are fuelling the booming growth.

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Manager Expects Inflation to Spike: He Suggests Buying Funds to Help Hedge Against It

Mon, 06 Apr 2009 02:48:00 GMT

Apr. 5--Many believe the massive stimulus package that's beginning to flood the financial system may cure a lot of economic woes.
Mark R. Zellmer sees a high probability that inflation will be rekindled within the next few years.
"They're taking their U.S. dollars and putting them in hard assets real quick," said Zellmer, president and portfolio manager at Northern Oak Capital Management Inc. in Milwaukee.

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Taking Stock: Nobody Wins for 2008

Sun, 04 Jan 2009 17:02:00 GMT

Jan. 4--It's a good thing we weren't using real money.
That's the best that can be said after calculating the results of The News Tribune business team's 2008 stock-picking contest.
Washington Mutual, AIG, Wachovia, Bear Stearns -- the year will be remembered by investors who lost their shirts, their nerve and hope itself.

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Investors Can Consider No-Risk, Low-Risk Options

Sun, 04 Jan 2009 11:06:00 GMT

Jan. 4--It's a good thing we weren't using real money.
That's the best that can be said after calculating the results of The News Tribune business team's 2008 stock-picking contest.
Of the contest -- wherein you were asked last January to invest $10,000 by choosing up to three stocks -- the results were dismal.

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42 Straight Profitable Trades Keep BullTrade.Com Subscribers Happy

Fri, 30 Oct 2009 15:05:00 GMT

Successfully trading the stock market is very difficult for the common trader.
With forty-two straight profitable closed-out trades in a row the BullTrade.com "Stock Alert" Service (Special Membership) has helped the retail trader profit handsomely regardless of market direction.
These "Stock Alerts" are sent prior to the market open so any active trader can easily benefit.

[More...]

Gold Participation and Income Fund Declares Monthly Distribution

Thu, 01 Oct 2009 20:46:00 GMT

Gold Participation and Income Fund (the "Fund") (TSX: GPF.UN) has declared its monthly distribution of C$0.06153 per unit payable October 30, 2009 to Unitholders of record as of October 15, 2009.
The Fund will seek to achieve its objectives by investing 100% of its net assets in the gold sector - initially 50% in Shares of SPDR Gold Trust, an exchange-traded fund that seeks to track the price of gold by investing directly in gold bullion, and 50% in a portfolio (the "Managed Gold Portfolio") of equity securities selected from the S&P/TSX Global Gold Index, a dynamic international benchmark of the world's leading gold companies.
To generate additional returns above the dividend income earned on the Fund's investment portfolio, the Fund will, from time to time, write covered call options in respect of some or all of the securities in the portfolio.

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Augen Gold establishes an Advisory Board and appoints new Chairman

Thu, 03 Sep 2009 11:55:00 GMT

Shares outstanding: 32,534,695 TORONTO, Sept. 3 /CNW/ - Augen Gold Corp. ("Augen Gold" or the "Company") (TSX-V: GLD is pleased to announce the following initiatives towards governance improvements and strengthening the organization.[More...]

Gold Participation and Income Fund Declares Monthly Distribution

Wed, 02 Sep 2009 20:46:00 GMT

Gold Participation and Income Fund (the "Fund")(TSX: GPF.UN) has declared its first distribution of C$0.10960 per unit payable September 30, 2009 to Unitholders of record as of September 15, 2009.
The Fund will seek to achieve its objectives by investing 100% of its net assets in the gold sector - initially 50% in Shares of SPDR Gold Trust, an exchange-traded fund that seeks to track the price of gold by investing directly in gold bullion, and 50% in a portfolio (the "Managed Gold Portfolio") of equity securities selected from the S&P/TSX Global Gold Index, a dynamic international benchmark of the world's leading gold companies.
To generate additional returns above the dividend income earned on the Fund's investment portfolio, the Fund will, from time to time, write covered call options in respect of some or all of the securities in the portfolio.

[More...]

MaybachFinancial.Com Posts Free Analyst Report on ANX, CX, DCT and GLD

Tue, 12 May 2009 14:48:00 GMT

MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in Europe.
Investors seeking free research on Adventrx Pharmaceuticals Inc. (AMEX: ANX), CEMEX S.A.B. de C.V. (NYSE: CX), DCT Industrial Trust Inc. (NYSE: DCT) and SPDR Gold Shares (NYSE: GLD) should take this opportunity to sign up for free subscription by clicking the link below.
Many research reports sell for $15 to well over $1,000 as a member to MBF Financial you can gain access to the top reports for free by simply clicking the link above.

[More...]

AnalystChoice.Com Free CFA Opinion on V, MA, GLD and IAG

Mon, 30 Mar 2009 16:21:00 GMT

Analyst Choice has combined some of the best financial and technical minds worldwide to bring you an array of free quality equity research and reporting.
Today we have begun in-depth reporting on our website evaluating the current market condition of Visa Inc. (NYSE: V), MasterCard Incorporated (NYSE: MA), SPDR Gold Shares (NYSE: GLD) and IAMGOLD Corporation (NYSE: IAG).
While the world economy undergoes enormous pressure and unprecedented actions are been taken to avoid the worst and boost the shrinking global economic growth, our analysts brings you a bird's eye view of how the big players in the different key sectors and industries of the NASDAQ, NYSE, AMEX and TSX are coping.

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Stock Preacher Issues Technical Trade Alerts on: CVX, GE, GLD, WFC, WMT

Wed, 25 Feb 2009 10:56:00 GMT

StockPreacher.com announces the availability of Trade Alerts on stocks making news today.[More...]

Stock Preacher Issues Technical Trade Alerts on: FCX, GE, GLD, GM, WMT

Thu, 19 Feb 2009 10:56:00 GMT

StockPreacher.com announces the availability of Trade Alerts on stocks making news today.[More...]

Net Inflows in State Street’s SPDR® ETFs Reach Record High of $70.1 Billion in 2008

Wed, 21 Jan 2009 15:59:00 GMT

State Street Global Advisors, the investment management arm of State Street Corporation (NYSE: STT), today announced that assets under management in SPDR ETFs totaled $159.4 billion at the end of 2008. During the year, net inflows into State Street’s family of 80 SPDR ETFs reached a record high of $70.1 billion, which represents approximately 39 percent of the ETF industry’s annual net inflows.¹[More...]

OneChicago to Start Trading Single Stock Futures on the SPDR(R) Gold Trust

Mon, 02 Jun 2008 16:36:00 GMT

OneChicago, LLC, the only US based exchange for trading Single Stock Futures , a synthetic stock lending and financing tool, today announced that it will launch for trading on Tuesday, June 3, 2008, a SSF contract on the Exchange Traded Funds shares of the SPDR Gold Trust . This action comes after the issuance of an Exemptive order for this product by the Commodity Futures Trading Commission on May 30, 2008. The SPDR Gold Trust listing will add to OneChicago's growing roster of SSFs on ETFs, which includes the DIAMONDS Trust Series 1 , the Sector Select SPDR Fund , the PowerShares QQQ and the iShares Russell 2000 .[More...]