Royal Canadian Mint Buying 3 Million Ounces of Silver
Silver – The Royal Canadian Mint purchased over 3 million ounces of silver following the IPO of its Canadian Silver Reserves Program.
Silver – The Royal Canadian Mint purchased over 3 million ounces of silver following the IPO of its Canadian Silver Reserves Program.
Diamond – Business Insider reported on exchange traded funds to invest in to diversify funds like the diamond and gemstone ETF.
Palladium – ETF Trends reported palladium ETFs are more favorable to platinum ETFs in the medium to long-term on supply concerns over unrest in South Africa.
Rare Earth – Bloomberg reported that Molycorp Inc. will sell shares and convertible senior notes, valued at as much as $517.5 million, with the intention of using the proceeds to fund operating expenses, working capital and capital expenditures, including the construction of its mine in California.
Precious metals ETFs have performed well in the past few years, especially those that are backed by the metals. Shares of precious metals companies, however, have languished, as investors have preferred the ETF route. But experts say that precious metals firms need to up dividend payments to keep investors interested.
Palladium – The Street reported on exchange traded funds' biggest losses and gains for Thursday.
Palladium – The Street reported on the biggest gains and losses in ETFs on Tuesday, noting palladium is surging ahead.
Platinum – Zacks.com reported with platinum nearing gold reducing the parity between them now is the time to invest in ETFs.
Gold – Etfdailynews.com reports that Lion Fund Management Co becomes the first company in China to create a fund allowed to invest in foreign exchange- traded funds backed by gold.
Gold – Moneycontrol.com reports that the value of gold exchange traded funds has seen a four-fold increase.
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