Gold Setting New Records
Gold closed on Friday at $556.50. That is a high for about 25 years. It is at $561.40 now according to www.Kitco.com. By the way, you can easily keep up with the price of gold by downloading Kitco's automatic update for you task bar. Really a neat facility.
DROOY, one of my favorite mining stocks closed at 1.89 on Friday which represents a nice unrealized profit for my portfolio. I want to add to the holding, but am waiting for a possible correction.
Also in my portfolio are the ETF primarily on oil (PXE) and the ETF on water (PHO). (PXE closed at 18.23 and PHO at 16.31 on Friday.) These are in concert with my concentration on natural resources. As mentioned in the past, I also have grandchildren who are invested in the World Precious Metal and Global Resources Funds of US Global Investors (www.usfunds.com). Both of the mutual funds are doing very well as precious metal and natural resources move up in price.
Once again, I would like to remind you that I have no ties with any companies mentioned. Never do I receive a commission or any other profit from mentioning specific companies. These are simply some of the companies with which I deal on a personal basis for my own investments. Therefore, I have no direct vested interest in any recommendations.
Remember, it is up to you to make your own investment decisions. You are the one most vitally interested in your investment success. As always, BUYER BEWARE!
The stock markets here in America are closed today, but I wanted to catch up on last week.
Best to each, Doug
DROOY, one of my favorite mining stocks closed at 1.89 on Friday which represents a nice unrealized profit for my portfolio. I want to add to the holding, but am waiting for a possible correction.
Also in my portfolio are the ETF primarily on oil (PXE) and the ETF on water (PHO). (PXE closed at 18.23 and PHO at 16.31 on Friday.) These are in concert with my concentration on natural resources. As mentioned in the past, I also have grandchildren who are invested in the World Precious Metal and Global Resources Funds of US Global Investors (www.usfunds.com). Both of the mutual funds are doing very well as precious metal and natural resources move up in price.
Once again, I would like to remind you that I have no ties with any companies mentioned. Never do I receive a commission or any other profit from mentioning specific companies. These are simply some of the companies with which I deal on a personal basis for my own investments. Therefore, I have no direct vested interest in any recommendations.
Remember, it is up to you to make your own investment decisions. You are the one most vitally interested in your investment success. As always, BUYER BEWARE!
The stock markets here in America are closed today, but I wanted to catch up on last week.
Best to each, Doug
posted by Doug @ 9:12 AM
0 Comments:
Post a Comment
<< Home