Category: Financial News
Gold American Eagle One Ounce Coins Cheaper Than APMEX by $9.75 an ounce on Average

MAY 2, 2013 BY 


We here at Refined Investments like to offer you the very lowest prices, guaranteed. A recent price comparison as shown below, reveals that Buy Gold and Silver Safely offers the Gold One Ounce American Eagle Coins at a lower premium than APMEX by $14.75 an ounce for orders of 1 – 9 coins, $9.75 an ounce for orders of 10-19 coins and $4.75 per ounce for orders of 20 or more coins.

The following price comparisons for the Gold One Ounce American Eagle Coins used a Spot Price of $1,467.90.

Gold, Oil ETFs Surge on Weaker Dollar

Commodity exchange traded funds tracking gold and oil jumped Monday along with global equities as risk appetite recovered following a seven-day down streak for U.S. stocks. A weaker dollar helped fuel the gains.

U.S. Oil Fund (NYSEArca: USO) rallied 3.5% in premarket dealings following reports Eurozone leaders are considering closer fiscal ties in an effort to calm the sovereign debt crisis. In precious metals ETFs, SPDR Gold Shares (NYSEArca: GLD) rose 2% while iShares Silver Trust (NYSEArca: SLV) tacked on 3%.

The rally carried gold prices back above $1,700 an ounce. “What appears to be going on is that there are clear moves within Europe and a recognition that some sort of closer fiscal integration is necessary. Quite how you get to it from where we are now, I think remains very difficult,” said Nic Brown, analyst at Natixis, in a Reuters report.

“Gold is currently continuing to behave more like a risky asset than a safe haven in times of crisis,” Commerzbank said in a MarketWatch report. “In our opinion, this is attributable to the behavior of futures-market players who feel less pressure to sell as their risk aversion declines.” [Short Gold ETFs Boosted by Precious Metals Weakness]

In currency markets, the euro strengthened against the greenback. PowerShares DB US Dollar Index Bullish (NYSEArca: UUP) fell 0.8% in preopen trading Monday.

U.S. Oil Fund

Easy-To-Understand ETFs

Do you ever feel like there’s a building full of people whose sole duty is to make investing as difficult as possible? If you’re frustrated with all of the different investment options, you’re not alone. Fortunately, there are some exchange traded funds that didn’t make it to that complicated building. If you’re just getting started as an investor, consider these ETFs.

SPDR S&P 500
Find any seasoned ETF investor and say the word, “spider” to them and they’ll probably say something about the SPDR S&P 500 (NYSEARCA:SPY). The SPY tracks the performance of the S&P 500. Many investors may not have the experience or knowledge to pick individual stocks, so the SPY provides access to all 500 stocks in the S&P index, eliminating the need to choose. It’s also the most highly-traded ETF, with more than 250 million shares changing hands daily.

SPDR Gold Trust
If you want to get in on the rising price of gold, but you don’t want to own the physical metal, let the SPDR Gold Trust (NYSEArca:GLD) do it for you. The trust holds over 40 million of the precious metal in London, England. Keep in mind, however, that owning a gold ETF isn’t the same as owning actual gold, but this highly popular ETF is a staple in portfolios all over the world.

PowerShares QQQ Trust
The PowerShares QQQ Trust (Nasdaq:QQQ) is referred to as “The Qs” by traders. This ETF invests in the NASDAQ 100 index and is used as a way to track the performance of some of the most popular technology companies. For the investor who wants to have a larger technology weighting in his or her portfolio, The Qs is the most popular way to do it.

iShares Russell 2000
The iShares Russell 2000 (NYSEArca:IWM) is where you go if you want an ETF that tracks the performance of some of the thousands of the small companies that are publicly traded. Small-cap companies are more sensitive to the overall stock market, so investing in the IWM isn’t for those with a low-risk tolerance. However, these smaller companies have given investors larger opportunities for growth than larger companies that have already gone through their financial growth spurts.

The Other Spiders
Within the family of the SPDR ETFs there are a large amount of offerings that track the performance of all of the different sectors of the economy. The most popular of these select sector ETFs are the Financial Select Sector ETF (NYSEArca:XLF), Industrial Select Sector ETF (NYSEArca:XLI) and the Consumer Discretionary Select Sector ETF (NYSEArca:XLY); all of which track the sectors where they derive their namesakes.

The Bottom Line
The above ETFs are not only easy to understand, but are among the most popular with investors. Even the most seasoned money managers gravitate towards financial products that are easy to understand. Investors of all skill levels should resist the urge to look for more complicated products. In the case of investing, the popular cliché of “less is more” certainly applies.

Original story – Easy-To-Understand ETFs

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