Silver ETF Holdings Reach Record
Gold ETF holdings rose by 0.3 million troy ounces, or 0.37 percent, to 83.7 million—a fresh record high. Silver holdings rose by 10.1 million troy ounces, or 1.71 percent, to 604 million, after reaching as high as 606.2 million last Thursday—also a record high. Platinum holdings rose by 2K, or 0.16 percent, to 1.5 million. Palladium holdings fell by 19K, or 1.02 percent, to 1.86 million.
Be careful when making fruit-basket comparisons; you’re likely to come up with lemons.
Movers and shakers in the ETF world are often just the opposite.
With the S&P 500 topping 2,000, it’s worth understanding how you ended up in the wrong large-cap ETF.
Pimco is going back to what it does best—generating alpha through fixed-income exposure.