The 3 Biggest Gold Finds In History
A recent article from CNBC estimated that all the gold ever mined would fit nicely inside two Olympic sized swimming pools. It may not seem like a large amount, but has been enough to support a multi-billion dollar industry of gold investing and jewelry collecting among consumers. Much gold has yet to be mined from below the earth’s surface, and remaining finds have yet to be uncovered. Below are three of the largest gold finds in history, including some of the largest gold deposits, nuggets and collections of the precious metal that has already been converted into jewelry and related goods [for more gold news and analysis subscribe to our free newsletter].
Investing In Gold: The Definitive Guide
Gold is one of the rarest metals in the world, and has a long history as a valuable and intensely sought-after element. The precious metal has served as the basis for physical currency for thousands of years, and many monetary systems throughout human history have utilized a gold standard that focused on the precious metal. Exploration and production of gold has become a major industry in regions that maintain significant deposits of the metal, and quests for gold have been the impetus of countless expeditions and discoveries [for more gold news and analysis subscribe to our free newsletter].
Gold Stocks To Play QE3
With QE3 now an announced fact, gold has come back into the spotlight. While the actual historical performance of gold as an inflation hedge is more mixed than some goldbugs realize, the reality is that gold has done pretty well during most prior periods of monetary stimulus. Moreover, with the ongoing uncertainty regarding the economic health and future of Europe, the United States, Japan and China, gold’s demonstrated value as a hedge against uncertainty may also come into play [for more gold news and analysis subscribe to our free newsletter].
How to Build a GLD-Free Gold Bug Portfolio
Gold’s massive historical returns have left no shortage of gold bugs in the commodity world. For years, investors have been flocking to the precious metal, choosing the commodity as their number one choice for safe haven investing. Gold also holds its appeal as being a potential hedge against inflation, allowing investors to protect their portfolios from a rise in prices. Although the yellow metal has no major industrial purposes, its demand across both developed and emerging markets has grown tremendously over the years as investors seek to add value and stability to their portfolios. In the gold exchange-traded product space, there is perhaps no fund more instrumental to gold’s rise than the SPDR Gold Trust (GLD), which just so happens to be the second largest ETF in the world. GLD is home to nearly $68 billion in total assets and trades over 9 million times a day. But in recent years there … See the full story here →
Complete List Of New 2011 Commodity ETFs
This year saw a surge in popularity for commodity investing. As the years have passed, investors have seen the benefits of investing in the risky, but lucrative asset class. Commodities provide a protection against inflation as well as a low correlation to equities. One of the biggest problems within the industry was the lack of options available to investors just a few years ago. It used to be that only those with a complex futures account were able to add these securities to their portfolios. Now, there are hundreds of products to help even the smallest investor gain access to their favorite commodity investment. Below, we outline all of the commodity exchange traded products that hit the market this year [see also 12 High-Yielding Commodities For 2012].
Can You Do Better Than GDX In The Gold Mining Space?
Commodity investors should rejoice over the recent growth in the ETF industry, as a number of new products have hit the markets in recent months offering a wide range of ways to target the commodity space. These new ETFs allow investors to slice and dice the market into very granular segments with funds targeting everything from rare earth metals to farming. This allows investors to target only the sector of the commodity world that they feel offers the best risk/return profile, resulting in exposure that can conform more closely with investment objectives.
Are Gold Miners A Buy?
Gold fever has struck the markets as unstable equities have led to the metal appreciating at a rapid pace. In fact, the price per ounce has shot up roughly 50% in the trailing year as a number of factors have converged to drive the price skyward. As the metal has rapidly approached the $2,000 per ounce level, investors have begun to speculate whether or not it is overvalued. There are compelling arguments for either side, but the truth is, gold is a difficult asset to value; it produces no cash flow, pays out no dividends, and has no underlying financials to sort through to determine what its true value is. One analyst goes as far to say that trying to value the metal is like “trying to solve a Rubik’s cube while you are blindfolded” [see also Three Ways To Play $2,000 Gold].
The Ultimate Guide To Gold Investing
Gold is one of the rarest metals in the world, and has a long history as a valuable and intensely sought-after element. Gold has served as the basis for physical currency for thousands of years, and many monetary systems throughout human history have utilized a gold standard that focused on the precious metal. Exploration and production of gold has become a major industry in regions that maintain significant deposits of the metal, and quests for gold have been the impetus of countless expeditions and discoveries. The price of the metal is widely followed by many investors, both sophisticated and simplistic. There are a number of different options for investing in gold, including buying up coins and bars of the product, exchange-traded futures contracts, stocks of companies engaged in the extraction and sale of the metal, and both physically-backed and futures-based exchange-traded products [see also The Guide To The Biggest Companies … See the full story here →
Soros Sells Gold ETFs, Bad News For Precious Metal Investors?
This article originally appeared on ETFdb.com Precious metal investors have been on a wild ride so far in 2011. After falling to start the year, gold took off from its level just above $1,300/oz., skyrocketing higher on inflation concerns and an increasingly weak dollar. The price eventually hit the $1,577 mark in early May before quickly selling off, falling by close to $100/oz. in a matter of weeks. While a stronger dollar and declining fears over inflation in some of the world’s key emerging markets has certainly played a role in gold’s short term demise, some believe that gold has hit a near term top and that this is just a speculative bubble popping.