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GDX / Gold Miners Index and its Top Components


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GDX / Gold Miners Index and its Top Components

 

GDX - Top 10 Holdings (65.85% of Total Assets)

 

Company---------------- : Symbol- % Assets

======= ( at 2/27/13)

Barrick Gold Corp. ... : ABX.TO / 12.66 %

Goldcorp, Inc. .......... : GG.TO- / 11.43 %

Newmont Mining ..... : NEM---- / 8.49 %

Silver Wheaton Corp.: SLW.TO / 5.30 %

Yamana Gold Inc...... : AUY.TO / 5.27 %

AngloGold Ashanti .... : AU----- / 4.98 %

Kinross Gold Corp. ... : KGC.TO / 4.86 %

Randgold Res. - ADR : GOLD.L / 4.55 %

Agnico Eagle Mines .. : AEM.TO / 4.18 %

Eldorado Gold Corp .. : EGO.TO / 4.13 %

=== ===

65.85% of Total Assets

/source : http://finance.yahoo...?s=GDX Holdings

(2)

Market Vectors TR Gold Miners ETF (GDX)

http://www.marketgra...ents.jsp?id=GDX

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==CHARTS==

GDX + Top3 ... update

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GDX + 2nd3 ... update

gdxetc2.gif

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GDX + 3rd3 ... update

gdxetc3.gif

 

===

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GDX - Top 10 Holdings ( at 5/24/13)

 

Sym. : Company --------- : %Assets : $Price : BkVal. : MktCap : $NetDt : D/MC : ebitda : Yield : $-Div. :

==== ( at 5/24/13)

ABX : Barrick Gold Corp. : 14.84% : $19.16 : $22.52 : $19.2B : $12.5B : 65% : $5.96B : 4.30% : 0.80 :

GG- : Goldcorp, Inc. ...... : 13.42% : $26.83 : $28.18 : $21.8B : $0.43B : 02% : $2.68B : 2.30% : 0.60 :

NEM : Newmont Mining..... : 9.98% : $31.97 : $27.94 : $15.9B : $4.94B : 31% : $3.92B : 4.61% : 1.40 :

SLW : Silver Wheaton...... : 5.30% : $22.74 : $09.10 : $8.07B : $1.01B : 13% : $700.M : 2.20% : 0.48 :

AUY : Yamana Gold Inc.... : 5.27% : $10.82 : $10.46 : $8.14B : $465.M : 06% : $1.20B : 2.50% : 0.26 :

Gold : Randgold Res- Adr : 5.12% : $73.98 : $29.24 : $6.82B : $700.M : 10% : $2.90B : 0.70% : 0.50 :

AU-- : AngloGold Ashanti. : 5.03% : $16.34 : $00.14 : $6.32B : $2.83B : 45% : $2.00B : 1.10% : 0.19 :

EGO : Eldorado Gold Cp. : 4.89% : $07.30 : $08.18 : $5.21B : -$236M :-05% : $615M : 2.10% : 0.14 :

KGC : Kinross Gold Corp. : 4.83% : $05.80 : $08.71 : $6.62B : $0.73B : 11% : $3.20B : 3.00% : 0.16 :

AEM : Agnico EagleMines : 4.10% : $28.82 : $20.10 : $4.97B : $492.M : 10% : $720.M : 3.20% : 0.88 :

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  • 2 weeks later...

In response to this very nice CHART from PD, i made the post shown below

 

And now the moment you've all been waiting for;

 

AHA_zps09fdc1d5.png

 

That's the turn I've been looking for, and therefore time to strongly consider buying gold stocks, it's taken nearly a month longer than I originally thought but it is clearly here NOW. I've got a bonus coming through at month end so hopefully Gold Stocks don't rise too much between now and then.

 

Buy some calls ! (using less money)

 

I suggest NUGT, the 3X etf on Gold shares:

My Jan.$7 calls are up from $3.50 about two weeks ago to yesterday's close of $5.80-6.00,

as NUGT closed at $11.45, after hitting $12.42 earlier this week.

== ==

 

This compare NUGT with GDX over the past 10 days ... update : w/Mvg.Ave.

12327515.png .

.

Note that the peak Gain in NUGT was up +30% in a few days,

while the peak gain in GDX was only +10%.

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  • 2 weeks later...

Mish is back in the game too!

http://globaleconomi...-of-miners.html

 

Thanks:

 

Gold Stock Comments

  • NEM - Newmont Mining: My best value play and weighted accordingly. Price/book is a mere 1.19 and I have no reason to believe book value is overstated. Trailing PE is 10.04 and the dividend yield is 4.10%. What's not to like?
  • GG - Goldcorp: A major Canadian gold miner with a respectable PE and dividend. Goldcorp trades right at book value (.99 to be precise).
  • ABX - Barrick Gold Corporation: Another major Canadian gold miner with a respectable dividend. Earnings were negative last quarter due to writedowns. Dividend appears solid. Price/per book is a mere .88 (less than book value).
  • GDX - Market Vectors Gold Miners ETF. Rather than pick too many additional stocks and following them all, I put 10% of my basket into a gold miners ETF basket.
  • GLDX - Global X Gold Explorers ETF. This is a speculative play on gold explorers. Some of the companies in the ETF are likely to go bust. Hopefully some will strike it big. I weighted this according to risk, with only 5% of my basket.
  • HMY: Harmony Gold Mining Company Limited: This is a South African mining company that stands to appreciate from its gold mining operations and also from a falling Rand.
  • SBGL - Sibanye Gold Limited: This is another South African miner and arguably my most speculative play. It is weighted accordingly at 2% of the basket.

Silver Stock Comments

  • SLW - Silver Wheaton Corp: SLW has a respectable PE and pays a reasonable dividend. It is a play on the price of silver which I expect to recover at some point.
  • PAAS - Pan American Silver Corp: PAAS is a major silver producer with a nice dividend yield of 4.10%. Pan American is trading at 68% of book value.

Read more at http://globaleconomi...Uvh1Qiyp0Bd4.99

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