Equedia Letter

America’s Gold Wiped Out10 min read

Comments (4)
  1. G Antoniak says:

    Since the essay “America Gold Wiped Out” Sept 2012, London Gold price has fallen from $1700 to $1450 today. It appears America Government has made money and the Bull has not. I have recently been buying gold only asset ETF’s with monthly payout of gold companies dividend and option writing earnings. They are at an insane value paying out about 20% annual today. Even though the dividend rate has fallen over the past year, and gold is closer to a low, the dividend payout should remain nearly washed out and when gold recovers in 2014 or 2015 the assets of the ETF will rally providing a nice capital return. Adding the two, I believe the gross return will likely be as high as 100% by end of 2015.

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