Posts Tagged ‘trust’

By Jeb Handwerger Commodities In Characteristic Selloff Once again at the end of 2011 we heard the voices of negation sounding the fear of the bursting of the commodities bubble. The naysayers come out with their Cassandra calls whenever commodities go into a characteristic and salubrious selloff. They never really learn to respect the importance of gold ( GLD ) and silver’s ( SLV ... Full story

In the past month, the popular SPDR Gold Trust (GLD) has seen its net asset value drop nearly 14%. Full story

The charitable foundation run by Sprott Assett Management's chief executive, Eric Sprott, announced Wednesday it is selling 2 million units in Sprott Physical Gold Trust and using the money to buy silver. The closed-end mutual fund trust holds 97% of its total net assets in physical gold bullion in London Good Delivery bar form. Full story

www.goldforecaster.com George Soros, the billionaire founder of Soros Fund Management LLC, sold most of his holdings in the bullion-backed SPDR Gold Trust and iShares Gold Trust funds in the first quarter, while buying shares of mining companies Goldcorp Full story

George Soros, the billionaire founder of Soros Fund Management LLC, sold most of his holdings in the bullion-backed SPDR Gold Trust and iShares Gold Trust funds in the first quarter, while buying shares of mining companies Goldcorp Inc. and Freeport-McMoRan Copper & Gold Inc.   Soros’s fund held 49,400 shares of SPDR Gold Trust as of March 31, compared with 4.721 million at the end ... Full story

David Winters of the Wintergreen Fund just reported his Q1 portfolio. He buys Barrick Gold Corp., Norfolk Southern Corp., Mastercard Inc., Google Inc., Activision Blizzard Inc., sells Spdr Gold Trust Spdr Gold ETF, Leucadia National Corp. Full story

While on the other hand, poor sentiments in global equity markets increased safe- haven demand which supported prices. Holdings in the SPDR Gold Trust, the worlds largest gold-backed ETFS, rose to 1,217.209 tonnes by April 7, their highest since Full story

LONDON, April 6 (Reuters) - Holdings of the world's largest gold-backed exchange-traded fund, New York's SPDR Gold Trust, edged up last month after five consecutive months of declines, but the fund still posted its biggest ever quarterly outflow between Full story

SINGAPORE, March 4 (Reuters) - The world's largest gold-backed exchange-traded fund, SPDR Gold Trust , said its holdings fell to 1,210.621 tonnes by March 3, its lowest since mid-May last year, from 1,210.961 tonnes on Feb 28. The holdings hit a record Full story

This afternoon, as U.S. equity markets began to rise after flatlining for much of the day, the price of gold and silver began to fall, but the dip buyers came out in full force to quickly stabilize the price. Currently, the SPDR Gold Trust ETF (NYSE: Full story