TRADING WISDOM

 

"The elements of good trading are: 1) cutting losses, 2) cutting losses, and 3) cutting losses. If you can follow these three rules, you may have a chance."

 ~ Ed Seykota

 

"The market can remain irrational longer than you can remain solvent."

~ John M. Keynes

 

 "If you trade without a stop-loss, eventually the markets will stop you from trading by creating permanent losses that can never be recovered."

~ John DiCecco (TrendCharts)

 

"Economists have correctly predicted nine of the last five recessions."

~ Paul Sameulson

 

"Trend following is an exercise in observing and responding to the ever-present moment of now."

~ Ed Seykota

 

"Risk comes from not knowing what you're doing."

~ Warren Buffet

 

"When a position is moving in the direction of your trade, do the opposite of fear; but when a position is moving against the direction of your trade, do the opposite of hope."

 ~ John DiCecco (TrendCharts)

 

"As a general rule (when trading), avoid those things that give you comfort; it's usually a false comfort."

 ~ William Eckhardt

 

XGD - S&P/TSX Global Gold Index Fund

The iShares S&P/TSX Global Gold Index Fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P®/TSX® Global Gold Index through investments in the constituent issuers of such index, net of expenses. The Index is comprised of securities of global gold sector issuers selected by S&P using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals.
 

Top Holdings

Subject to change.

Holding     % of Fund
BARRICK GOLD CORP.       16.98%
GOLDCORP INC.       14.11%
NEWMONT MINING CORP.       10.10%
ANGLOGOLD ASHANTI LTD. ADS       5.62%
YAMANA GOLD INC.       4.64%
KINROSS GOLD CORP.       4.42%
GOLD FIELDS LTD. ADS       3.86%
ELDORADO GOLD CORP.       3.70%
COMPANIA DE MINAS BUENAVENTURA S.A       3.35%
RANDGOLD RESOURCES LTD. ADS       3.21%
Total:       69.99%

 

The data above was obtained from publicly available sources. The information is believed to be reliable and accurate but is not guaranteed in any way.