Self-explanatory

07/08/2013

Self-explanatory

Jul 8, 2013 12:00:00 AM | Appears on main page, Education, Value Investing

The comments to this entry are closed.

Gold Mining Shares: Less than Glittering Gold Mining Shares: Less than Glittering Turning a Near Quadruple into Losses By Paul Price Featured in Market Shadows Newsletter 7-9-13, Fail and Fail Well Jesus was hailed as a miracle worker when he turned water into wine. What would the appropriate name be for the Wall Street geniuses that managed to turn a 258%, decade-long rise in the underlying price of gold into losses for investors in most gold mining companies? The per ounce price of the yellow metal has almost quadrupled from its 2003 low point even after pulling back from its Aug. 2011 pinnacle above $1900. Almost...

Virtual Portfolios - Performance Updates Virtual Portfolios - Performance Updates Our value-oriented stocks continue to reward our Virtual Value Portfolio with outstanding gains. Our $100,000 virtual account had grown to $122,401 through the close on Monday, July 8, 2013. We are pleased with both nominal returns and our results versus the S&P 500. We sold one position (HSII) last week for a gain. For now we will retain $4,455 in our cash reserve awaiting the next great buying opportunity. View all open and previously closed-out positions here. After our recent put selling binge, we're happy to hold the current batch of puts (short) and wait...

Ilene

I'm editor at Phil's Stock World, and editor for Stock World Weekly. My background is in the biological sciences, and law. After a brief career in the legal field, I changed directions and am now working as an editor, and very much enjoying my experiences in the editing world.

5 Following

91 Followers

MarketShadows

A daily selection of articles on the financial markets, the economy, stocks, options, trading, politics and more.

07/08/2013

Self-explanatory

Ilene

Search

Become a Fan

My Other Accounts

Recent Comments