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]