Posted on 06/20/2013 7:23:53 AM PDT by Grampa Dave
The S&P Gold Trust, GLD, can't gloat about performance while near 52-week lows. Sturm Ruger delivers a big caliber dividend over 4%, while GLD slowly eats value from management and trading costs.
Now trading near $130.60, GLD was $45.30 at the beginning of 2005, an impressive gain. During the GLD peak in 2011, an investment in GLD was almost a four-bagger. Not bad at all, but Sturm Ruger started 2005 at $4.09, and is now over $48, a 12-bagger by itself, but Sturm Ruger paid out enough dividends since to return most of your original investment.
The bottom line is that guns as an investment may help you reach your safety and financial objectives better than gold can, both in physical form and as a stock.
(Excerpt) Read more at finance.yahoo.com ...
Until they don’t. And that day is coming.
I’m not selling, I’m buying.
Gold and guns.
looks like grumpy cat doesn’t understand the effects of dilution on a currency and how it’s measured using that diluted currency
I’m not selling, I’m buying.
Gold and guns.
buy copper, lead and powder also.
Today is a good opportunity to pick up some gold. Everyday is a good day to pick up some guns. :-)
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