| To: Rarebird who wrote (115216) | 11/11/2021 6:19:31 PM | | From: Sun Tzu | | | | 2k for gold and we'll take it from there.
As to why one should care about whether or not PPLT is a precious metal, it is because it will help you (at least it helps me) predict where the price will be. So while the price movement is the most important factor, it is not the only factor or we'd never have gap moves in anything. |
| | Gold Price Monitor | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (2) |
|
| To: Sun Tzu who wrote (115218) | 11/11/2021 6:33:14 PM | | From: Rarebird | | | | I use mostly technicals, primarily Elliot Wave to determine price. I do look at some fundamentals, insider buying and balance sheet to see if it confirms my technical outlook. If it doesn't confirm, I won't take a position.
I am very choosy about initiating positions, long and short. If I am lax, I will likely pay the price. |
| | Gold Price Monitor | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| To: Sun Tzu who wrote (115218) | 11/11/2021 6:37:09 PM | | From: Rarebird | | | | You may want to take a look at BCX. It is a natural resource and commodity ETF from Black Rock. They pay a dividend every month, which comes out to about 5% annually.
I like the holdings very much and have a very nice position. |
| | Gold Price Monitor | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (4) |
|
| To: Rarebird who wrote (115220) | 11/11/2021 7:23:25 PM | | From: Sun Tzu | | | | I think I will buy some, because I trust Blackrock and also the chart looks good. But I gotta tell you that there is very little info on the fund. Neither ETF.com nor ETFDB.com has any info on it. The only source I found was blackrock itself and they are relatively quiet about how the sausage is made.
Thanks for the recommendation. |
| | Gold Price Monitor | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
| To: Sun Tzu who wrote (115222) | 11/11/2021 7:46:27 PM | | From: Rarebird | | | | Morningstar has a list of all the holdings. When I looked at the holdings, I saw top shelf. Black Rock does use some derivatives to juice up the returns and dividend. More importantly, I have an ultimate price target of $13.25 ( wave 5 of 3). I'm thinking between April and May 2022 that target will be hit. It is very liquid too, in case you want to invest some serious money, like I have.
I expected you to like the chart. I look at that chart from different angles every day and my eyes always light up when I see it.
I'm a regular guy, Sun, but when I look at that chart, I feel rich.
Tomorrow is ex-dividend day. Dividend every month. |
| | Gold Price Monitor | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
| |
