Gold Prices was at 155 ( Open Price) on 14 August and closed at 172 yesterday ( 20 September).
GOLD SILVER
Today lets talk about GOLD and SILVER during the QE3 season.. Let check the Performance of the Gold Prices during the QE timeline below
If you have notice that KLSE can launch 2 ETF stocks which are
GLD - C5
SLV - C3
Let check the GLD - C5 versus the actual gold prices
Gold Prices was at 155 ( Open Price) on 14 August and closed at 172 yesterday ( 20 September).
This gold prices has increased about 10%
GLD-C5 Stock was at 0.15 ( Open Price) on 14 August and closed at 0.205 yesterday ( 20 September).
This GLD-C5 Stock has increased about 36.7%
So the gearing is about 3.6x..
Just imagine if gold prices soar to 180 and above that will be 4.6% by end of this month that will be easily about 12% increase for this GLD-C5 which is a good investment return. Notice that this stock will expire on the June 2013 which will be enough for us to gain potential about 30% if Gold break above 1900 by end of this year with the QE3 Support.
Let Check on the Silver..
This silver prices was at 25.92 ( Open Price) on 14 August and closed at 33.58 yesterday ( 20 September).
This silver prices has increased by 29%
SLV- C3 Stock was at 0.15 ( Open Price) on 14 August and closed at 0.23 yesterday ( 20 September).
This GLD-C5 Stock has increased about 53.3%
So the gearing is about 2x..
Just imagine if gold prices soar to 40 and above that will be 20% by end of this month that will be easily about 40% increase for this SLV- C3 which is a good investment return. Notice that this stock will expire on the June 2013 which will be enough for us to gain potential about 50% if Silver break above 40 by end of this year with the QE3 Support.
GOLD PRICES CHART
gold price charts provided by goldprice.org
SILVER PRICES CHART
silver price charts provided by silverprice.org
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