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Gold/Mining/Energy : KITCO - Gold discussion

GLD 363.00

-0.4%

Oct 29 4:00 PM EDT

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From: Trinovant	6/12/2016 11:10:34 AM
	of 989

As I wrote on the Voy forum on 01/28/08, Mary Anne and Pamela Aden of the Aden Forecast made the following recommendations back then (as reported by Steven Halpern at the now defunct bloggingstocks.com): "Long-term investors should continue to buy and hold the gold and silver ETFs -- streetTracks Gold Trust (NYSE: GLD) and iShares Silver Trust (ASE: SLV). Among individual gold and silver mining shares, investors can buy new positions in Yamana Gold (NYSE: AUY) and GoldCorp (NYSE: GG)." From 28th Jan 2008 to 10th June 2016, here's how those picks fared: GLD: Up 33% SLV: Down 0.4% AUY: Down 66% GG: Down 47% Congrats to those who preferred the physical, especially gold! (OK, I know GLD is an ETF, not physical...) You could have done better if you had got out at the peaks between April and October 2012, but they did say "buy and hold".

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