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]
Precious and industrial metal mining stocks were huge gainers during the bond-buying rumor rally. From Draghi’s “do-whatever-it-takes” hint on 7/26 through Bernanke’s QE3 announcement on 9/13, Mining ETFs rocketed more than nearly any other economic sub-segment. Rumor Rally: Metal Mining ETFs Skyrocket On Expectation Of Unconventional Easing % Run-Up (7/26-9/13) Global X Silver Miners [...] [...more]
Most of the articles that you read — most of the programs that you watch — have instructed you to forget about stocks. “Sell in May” worked, so… see you in October. Similarly, gold bears have successfully squashed gold bugs. Very few seem to tout buying SPDR Gold (GLD) these days, as it is quickly being branded as yesteryear’s safe haven. So if [...] [...more]
