GDXJ Upside Bests GDX

By Adam Hamilton – Re-Blogged From Gold Eagle

Gold miners’ exchange-traded funds are surging with gold powering higher.  These mounting gains are naturally fueling growing interest in the leading gold-stock investment vehicles.  Traders looking to deploy capital are wondering which major gold-stock ETF is superior, offering the best balance between upside potential, component fundamentals, and risks.  GDXJ takes the crown, besting its larger big brother GDX.

By my count, there are currently 14 gold miners ETFs trading in US markets.  But that’s not authoritative, as the broader ETF industry is constantly in flux.  These gold-stock ETFs collectively held $17.5b in net assets as of the middle of this week.  And two major ETFs utterly dominated, commanding fully 85.1% of all those gold-stock investments!  They are of course GDX and GDXJ, which dwarf everything else in this sector.

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Shutdown Demonstrates How “Vital” Government Scientists Are… NOT

Guest laugh by David Middleton – Re-Blogged From WUWT

The laugh is the fact that an article demonstrating the nonessential nature of government scientists, is titled “The Shutdown Shows Just How Vital Government Scientists Are”

ERIC NIILER SCIENCE 01.08.19

THE SHUTDOWN SHOWS JUST HOW VITAL GOVERNMENT SCIENTISTS ARE

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Trump Promises Citizenship Path for Skilled Workers from Outside U.S.

By Agence France-Presse – Re-Blogged From Liberty Headlines

‘Rest assured that changes are soon coming which will bring both simplicity and certainty to your stay…’

Trump Promises Citizenship Path for Skilled Workers

Tech workers are increasingly moving from the United States to Canada due to the hassle in obtaining H1-B visas/PHOTO: AFP

(AFP) President Donald Trump said Friday he would make it easier for top-skilled workers to stay in the United States and become citizens.

Trump pledged to reform coveted H1-B visas, for which three-quarters of applicants are from India, most of them in the technology sector.

“H1-B holders in the United States can rest assured that changes are soon coming which will bring both simplicity and certainty to your stay, including a potential path to citizenship,” Trump tweeted.

“We want to encourage talented and highly skilled people to pursue career options in the U.S.”

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The Tragedy Of The Euro

By Alasdair Macleod – Re-Blogged From Silver Phoenix

After two decades, the euro’s minders look set to drive the Eurozone into deep trouble. December was the last month of the ECB’s monthly purchases of government debt. A softening global economy will increase government deficits unexpectedly. The consequence will be a new cycle of sharply rising bond yields for the weakest Eurozone members, and systemically destabilising losses in the bond portfolios owned by Eurozone banks

The blame-game

It’s the twentieth anniversary of the euro’s existence, and far from being celebrated it is being blamed for many, if not all of the Eurozone’s ills.

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Moore’s Law Has Replaced The Gold Standard

By George Smith – Re-Blogged From Gold Eagle

I collect gold in the form of important insights, and in this article I’d like to share some of them with you.

Until a few years ago I never thought of Moore’s Law and a gold coin standard as having an important connection, but they do.  Gary North lays it out (8/17):

The gold standard was an institutional restraint on the expansion of government spending, and central banks were designed to thwart the gold standard. We live in an era of the triumph of central banking. We therefore live in an era of the comprehensive defeat of gold coins as restraining factors on the expansion of the government.

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Companies to Buy Back Fewer Shares

By Thomson Reuters – Re-Blogged From Newsmax

U.S. companies’ shopping spree for their own shares helped put a floor on market declines in 2018. Don’t look for the same level of support in 2019.

Wall Street’s recent volatility has optimists betting that buybacks could provide the market with an even better buffer in 2019. But many strategists see the lift from buybacks – a major factor behind the bull market – losing some force as earnings growth slows while tax policy bonanzas fizzle out.

“Companies bought back around 2.8 percent of shares outstanding in 2018. That was a substantial support to the market and bigger than dividends,” said Jack Ablin, chief investment officer at Cresset Wealth Advisors in Chicago.

case of dollar bills to buy back stock shares

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