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Keyword: gunsversusgold

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  • Gold vs. Guns: One Investment Outshoots the Other

    06/20/2013 7:23:53 AM PDT · by Grampa Dave · 5 replies
    TheStreet.com ^ | 6/20/2013 | Robert Weinstein |
    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...