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XMFSinchiruna (26.61)

This ETF Changed the World in 7 Years



November 18, 2011 – Comments (12)

Thanks for reading!

I placed a fun little quip in there about Googling "GLD outperforms Google", and sure enough, the article now comes up as the first hit in that search on Google. Kind of fun to play with a search engine in that way.

Let me know what you think of the piece, and please enjoy your weekend!

12 Comments – Post Your Own

#1) On November 18, 2011 at 7:35 PM, FleaBagger (27.47) wrote:

Before you check out for the weekend, any thoughts on why SSRI fell off the cliff over the past couple of months? Not to pile on, but Google was unhelpful in ascertaining a reason.

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#2) On November 18, 2011 at 8:59 PM, skypilot2005 (< 20) wrote:

·  iShares Plans Broad Commodity

iShares Plans Broad Commodity Offerings


iShares filed regulatory paperwork with the Securities and Exchange Commission to bring to market five separate equity ETFs focusing on commodities, in the latest sign the world's biggest exchange-traded fund firm is focusing on increasingly granular investment strategies.”

“The planned iShares MSCI Global Select ' Mining Producers Fund for example, follows an MSCI index that consists of companies in 36 countries, again both in developed and emerging markets. Also, the iShares MSCI Global Silver Miners Fund iShares has in the works invests in equity companies involved in silver mining in Canada, Hong Kong, Mexico, the United Kingdom and the United States.”

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#3) On November 18, 2011 at 9:01 PM, skypilot2005 (< 20) wrote:

“The names of the iShares funds and links to their filings are as follows:

iShares MSCI Global Gold Miners Fund

iShares MSCI Global Select Miners and Producers Fund

iShares MSCI Global MSCI Global Energy Producers Fund

iShares MSCI Global Agriculture Producers Fund

iShares MSCI Global Silver Miners Fund

iShares didn’t list ticker symbols or annual expense ratios for the five planned funds.”

I am going to dabble in the Silver Miners Fund, for sure.

Sky Pilot

Official Web Link Assistant to Sinch

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#4) On November 19, 2011 at 7:50 AM, skypilot2005 (< 20) wrote:


Would you consider doing a piece on AGQ (ProShares Ultra Silver) some day?

I think it would be educationally beneficial for many Fools.  Specifically:

The daily settlement.

Effect of holding long term.

It is currently trading at the low end of it's 52 week range which is 48 - 191.

It closed Friday @  $58.80.

If an investor is bullish on the price of silver over the next 12 months, why wouldn't they want some exposure to this vehicle?

I am sure there are some reasons they would not but, I am not smart enough to know what they are.

I don't own any shares of AGQ.

Thanks, in advance.

Your Official Web Link Assistant,

Sky Pilot


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#5) On November 19, 2011 at 10:16 AM, XMFSinchiruna (26.61) wrote:


Silver is protection from the widespread failure of toxic derivatives.

AGQ is a derivatives-based vehicle. Silver's performance will be "ultra" enough, in my opinion, without trying to amp it up further using the very pieces of paper printed at the epicenter of our global crisis.

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#6) On November 19, 2011 at 10:22 AM, XMFSinchiruna (26.61) wrote:

FleaBagger - they wrote down a massive portion of reserves at Pirquitas. Raises question as to the quality of resource modeling on the project. I meant to get back for a closer look ... thanks for the reminder. If there's a good story there,I'll write it up.

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#7) On November 20, 2011 at 2:13 AM, Raambo20 (< 20) wrote:


What do you think of the serial underperfomance of Kinross? They reported great earnings and still the stock gets hit 4%+ on down days and sometimes even goes down on up days for the HUI. 

 Also seems like Yamana  had almost 200 million in derivative losses, however stock has been one of the strongest out of the pack for the last week or so, are people underestimating this?

 Thanks for keeping us all informed and educated about this sector. 

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#8) On November 20, 2011 at 11:40 AM, skypilot2005 (< 20) wrote:


Thanks, for the reply.   After sleeping on it, I agree with / see what you are saying.  #4 has confiscated my dice, anyway.  :)


The "Suits" on "The Street" are talking Kinross down at least in October they were.  Check out thier recent earnings and Tasiast asset.

Also, take a look at the P/E and Price to Book.

They pay a dividend, as well.

I own some shares.  I have identified some other companies to add to my portfolio this quarter so I don't plan to add more shares of Kinross at this time.

But if you don't have a position, you may want to do some DD on them.  Take a look at the 52 week price spread, as well.

Fool on

Sky Pilot



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#9) On November 20, 2011 at 11:52 PM, Raambo20 (< 20) wrote:

Yeah for all the reasons you posted above I am thinking about adding more. I already have a position but it just seems so cheap at these levels, however I am hesistant to add any because the stock is performing so poorly.

 I guess others may be thinking similarly and this is contributing to holding the price down. 

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#10) On November 21, 2011 at 10:11 AM, XMFSinchiruna (26.61) wrote:

You all know how I like a good turnaround story. I'll take a close look at Kinross over the coming days/weeks, and write it up if I think there is one there. Until now, I've held the company has a lot to prove, and have awaited clear signs of improvement. It's entirely possible that, as a result, I have not tracked them as closely as I would need to in order to catch a turnaround in the making.

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#11) On November 21, 2011 at 5:41 PM, FleaBagger (27.47) wrote:

So for the whole quarter it goes down on silver up days, with no news, winding up well below half its Sep. 7 high? Is that the only mine they have?

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#12) On November 21, 2011 at 9:49 PM, skypilot2005 (< 20) wrote:

On November 21, 2011 at 10:11 AM, TMFSinchiruna (99.02) wrote:

“You all know how I like a good turnaround story. I'll take a close look at Kinross over the coming days/weeks, and write it up if I think there is one there.”




Kinross stock price:

The only “themes” I am picking up are the slow rate of earnings growth and concern over their Chile operations but, nothing specific.

Here are some “links”.  I hope they help.

I am holding on to my shares for now.

Your Official Web Link Assistant

Sky Pilot


11/21/2011 @ 11:55AM |575 views Kinross Gold Corp. (KGC) Shares Enter Oversold Territory



Record revenue exceeds $1 billion; margins up 50%, adjusted operating cash flow up 82%

Adjusted net earnings up 134%

Toronto, Ontario - November 2, 2011



The New Gold Discovery






Kinross Gold announces investment in Revolution Resources






Kinross Announces Investment in White Bear Resources Inc. 10/24/11

Kinross Gold Corporation (KGC_) has been downgraded by TheStreet Ratings from buy to hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and robust revenue growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity.



Highlights from the ratings report include:

KINROSS GOLD CORP has improved earnings per share by 46.7% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. During the past fiscal year, KINROSS GOLD CORP increased its bottom line by earning $0.93 versus $0.45 in the prior year. The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Metals & Mining industry. The net income increased by 138.3% when compared to the same quarter one year prior, rising from $103.80 million to $247.40 million. The gross profit margin for KINROSS GOLD CORP is rather high; currently it is at 58.20%. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 25.00% trails the industry average. KGC has underperformed the S&P 500 Index, declining 23.62% from its price level of one year ago. Looking ahead, we do not see anything in this company's numbers that would change the one-year trend. It was down over the last twelve months; and it could be down again in the next twelve. Naturally, a bull or bear market could sway the movement of this stock. The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. When compared to other companies in the Metals & Mining industry and the overall market, KINROSS GOLD CORP's return on equity is below that of both the industry average and the S&P 500.

Kinross Gold Corporation, together with its subsidiaries, engages in mining and processing gold ores. It also involves in the exploration and acquisition of gold bearing properties. The company has a P/E ratio of 15.3, above the average metals & mining industry P/E ratio of 15 and below the S&P 500 P/E ratio of 17.7. Kinross has a market cap of $16.6 billion and is part of the basic materials sector and metals & mining industry. Shares are down 23.1% year to date as of the close of trading on Thursday.

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