There’s a tendency in the financial media to wrap-up calendar years with a focus on the “winners” and “losers.” Inevitably, a large number of unsophisticated investors will allocate money to the so-called best performers, while avoiding any commitment to the underachievers. Herein lies one of the biggest mistakes that ETF enthusiasts make. Specifically, they view success [...] [...more]
Commodity ETFs, REIT ETFs, Quantitative Easing and ETFs, ETFs off 52 Week Highs, Oil ETFs, Metals ETFs, Gold ETFs, Asia ETFs Click here to listen to the show: 10-7-2012 [...more]
Market Direction And ETFs, Preferred Share ETFs, Metals ETF Click here to listen to the show: 9-18-2011 [...more]
As many times as gold vigilantes try to short the yellow metal — as often as gold bugs try to take profits near $1900 oz — new buyers still keep coming back. For example, after a 3%+ smackdown on 9/7/11, the SPDR Gold Trust (GLD) managed to rally back 2% on Thursday, 9/8/11. Yet, even as precious metal funds [...] [...more]
Before it was fashionable to question the sustainability of worldwide GDP growth, I did exactly that. I questioned it. (See March 9, 2011’s “Copper ETFs May Be Indicating A Pause For The Bull Market.”) It wasn’t that I believed that developing economies were raising rates too rapidly. Nor did I insist that recovery in the developed world could only [...] [...more]
Economic ETFs, Fed Policy And ETFs, Metals ETFs, Inflation Fighting ETFs, Currency ETFs Click here to listen to the show: 5-1-2011 [...more]
Broad-based U.S. benchmarks need to pull back. Not because every adviser would like to buy the dip, but because a health-restoring correction would provide the impetus for a genuine leg higher. Right now, the rally in U.S. equities smells like fund manager desperation. 401k dollars are pouring back into domestic stock mutual funds, forcing managers to [...] [...more]
Financial papers mention items on the “here’s-what-could-go-wrong” list. They’ll cite the uncertainties surrounding U.S. home price depreciation, state insolvency, European nation credit flare-ups and emerging country inflation. Nevertheless, the commonplace assumption is that the healing will continue. And the investment community is eating it up. On the first day of 2011 trading on the U.S. exchanges, the appetite for risk came in a variety [...] [...more]
Most investors recognize that voracious Chinese demand has gone a long way towards supporting price appreciation in precious metals as well as industrial metals. This is why Chinese monetary policy on interest rates and bank reserves have had such a profound affect on the volatility of Metals ETFs. At the same time, there seems to be a growing [...] [...more]
Gold was one of the precious few assets to make huge strides during the 10/07-3/09 bear. Here in 2010, however, the yellow metal has been trading sideways. Are world currency factors keeping a lid on the commodity’s uptrend? Or is this merely the calm before the next golden opportunity? Dull Trading In Gold ETFs - Jon Nader, Commodity Online Investors Mine New Metals ETFs - John Spence, MarketWatch Complete [...] [...more]
