Gold and silver trading

[ForexForex]

Quote from Vortex:

Thank you for that. So the ETF is essentially participating in shares (equities) which I assume are gold-mining shares. So it is not "pure" gold, but as good as?

GLD and SLV holdings are 100% Physical Gold Bullion and 100% Physical Silver Bullion they do not have shares in any companies.

 

[riskbiscuit]

Hi guys!

I found an interesting article over the weekend you may want to read about gold


tp://www.bloomberg.com/news/2012-02-25/paulson-said-to-tell-clients-gold-fund-will-beat-others.html

Let me know what you think.

 

[nazzdack]

Quote from riskbiscuit:
----interesting article....
----gold....
----bloomberg.com/news....
----paulson....
----gold-fund-will....

1) Paulson has lost some of his "Midas" touch recently?
2) Paulson is "reverting to the mean"? :eek:
3) His intense bullishness towards gold could be used as a contrary signal.
4) It would still be "good" to be him.

 

[murray t turtle]

Quote from riskbiscuit:

Hi guys!

I found an interesting article over the weekend you may want to read about gold


tp://www.bloomberg.com/news/2012-02-25/paulson-said-to-tell-clients-gold-fund-will-beat-others.html

Let me know what you think.

========
RiskBisc;
Interesting article;
frankly i seldom take any money manager's word for anything

I like to study GLD, gold , SLV, silver , SPY, real estate...candlechart trends.

GLD, gold is a good uptrend by most any measures. Much better than silver, SLV or SPY........................, better uptrend by most measures...............................................................................

Not a prediction ;simply probabilities

 

[SREC]

Quote from HATEtheRisk:


but for trading its useless, if i can trade gold.

thats what i have meant.

That's such a simpleminded attitude. They are both precious metals with a long history but do differ in a few important categories. Rarity being one, industrial & commercial use being the other. Also the recycling & reuse have some differences.