Previous 10 | Next 10 |
2023-05-05 02:16:39 ET Summary Stocks, bonds, and real estate are on the back end of bubbles. Commodities should outperform the S&P significantly. Gold is particularly attractive because of strong central bank purchases. Buy high yielding commodity linked stocks for sa...
2023-04-21 14:06:11 ET Summary The steep inflation that we have seen in the USA over the past eighteen months has made it critical to preserve your wealth. ASA Gold and Precious Metals Limited invests in a portfolio of gold miners, which historically should work pretty well to ens...
2023-04-16 01:50:50 ET Summary Precious metals are in very positive momentum as their demand for investment benefits from their capacity as an effective hedge against recession, inflation, and fears of a banking crisis. Buying the precious metal after last month's sharp rise raise...
2023-04-06 19:29:23 ET Summary For the second consecutive month, equity CEFs (-0.26%) on average witnessed negative performance while their fixed income CEF cohorts (+0.87%) posted gains for the second month in three. At month end, 13% of all CEFs traded at a premium to their NAV,...
2023-03-08 00:46:17 ET Summary GAMCO Natural Resources Gold & Income Trust is an equities closed-end fund. As per its mandate, the fund is currently overweight mining companies and energy stocks, which comprise over 58% of the fund. The CEF has a low leverage ratio of 20% ...
Summary No Fed pivot to lower rates in 2023. Stocks are in trouble if Treasury yields keep rising. Buy high yields to hedge your portfolio. Gold equities and Tellurian Inc. have asymmetric upside. Between October 13 and February 2, the stock market enjoyed a healthy re...
Summary Market pressures in precious metals and oil will likely drive GAMCO Global Gold, Natural Resources & Income Trust higher. The two pressures are likely to join forces at a similar timing. We aren't expecting any changes in GGN dividends. Gabelli Funds' GAMCO Glo...
If you made money investing in oil this year, congratulations! But I have a warning: now is the time to take profits—especially if you hold the two oil funds we’ll discuss below. Before we get to those, let’s talk a little more about oil’s big year. If you boug...
Summary GGN is an equity CEF that holds global energy and mining conglomerates' shares. The fund has a spotty performance and has not been an effective inflation hedge given its overweight position in gold miners and European energy companies. Even if an investor would have kn...
Summary GGN is a very high-yielding closed-end fund that primarily invests in gold and energy. Gold is historically a strong performer during inflationary times but it has not been performing very well over the past year. Gold may see its performance improve long-term since th...
News, Short Squeeze, Breakout and More Instantly...
GAMCO Global Gold Natural Resources & Income Trust Company Name:
GGN Stock Symbol:
NYSE Market:
2024-02-25 18:50:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
RYE, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of GAMCO Global Gold, Natural Resources & Income Trust (NYSE:GGN) (the "F...
RYE, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of GAMCO Global Gold, Natural Resources & Income Trust (NYSE American:GGN) (the “Fund”) approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributi...