It is Sunday morning ... Happy Father's Day to many great fathers out there. I wish to be a great father to my kids too. Yeah!!

Ok, this morning I will share what in my mind ... to buy into 'gold' related ETF or mining stocks. See how far I could focus to give some idea.



Gold : Taken from www.kitco.com, a one-year chart ... gold hit USD1800 (in Malaysia, Gold was trading above RM200 for 999) and current at USD1400.



GLD : This is an US-ETF tracking the prices of gold. Hit USD180 at Sept 2011(when markets corrected sharply) and at USD170 last Sept 2012. At USD135 levels now ... one may check IAU too, which was at a high of USD18.5(sept 2011) but at USD13.5 currently.





GLD (code O87) : This is traded in SGX ... but in USD. We are still in the strong downtrend.


HKSE (code 2840) : So the similar chart shown by this ETF, traded in HKSE.



ZhaoJin(code 1818) : Gold mining stocks are much more riskier ... and it can be seen in this gold-mining counter traded in HKSE. Incredible dive ... was at HKD18 high ... hit the low at HKD6.59, closed at HKD6.75 last Friday.

KLSE : There is no gold ETF traded in KLSE ... only one GLD-c4, a call-warrant trading at HALF cent, so it could not go lower? Punt into her, exit at ONE cent, that will be 100% profit, yeah? Sure? Call-warrants do have expiring date and if Gold not receovering any sooner, this call-warrant will be obsolete, means ... we will lose everything(very likely). How about SLV-cw ... which tracking the SLV-etf ... as silver-etf, tracking prices of silver? To me, these call-warrants can't be traded.

Will gold  rebound soon, since Sept is nearing? Will stock dive again ... as Sept is nearing ... again?

Will write the updates ... in SEPT again.

Happy Day ahead, fathers.

TEH

p/s : Trying to get my blog relevant, I am writing what I am reading at the moment --- Gold and Silver. For this one, I won't mind it is being shared. Very seldom I could write any sense in my blog these days ... so, hope this simple charts would help ...