U.S. Markets open in 5 hrs 18 mins

Tocqueville Gold (TGLDX)

Nasdaq - Nasdaq Delayed Price. Currency in USD
Add to watchlist
37.16+0.71 (+1.95%)
At close: 8:00PM EDT
People also watch
UNWPXUSERXGOLDXBGEIXSGGDX
  • s
    sargeantfury
    sargeantfury
    Fund goes nowhere.
  • D
    Don
    Don
    Huge gold purchase on the way, per Andrew Maguire, a sovereign nation to make the purchase and they are demanding gold delivery, not a paper cash settlement. The demand for the metal will drive up the price of gold in July time frame. There may be a smash in the gold price to offset the purchase... interesting times we are living in with a corrupt commodity exchange system. Andrew is throwing F bombs in one of his articles.
  • A
    Anonymous
    Anonymous
    Where's the dividend?
  • K
    Kris
    Kris
    You'd figure this pig could go up just one day. Is that asking too much?
  • s
    sargeantfury
    sargeantfury
    Gold should be worthless by summer.
  • s
    sargeantfury
    sargeantfury
    Looks like Janet's Yellen for a crushing blow to TGLDX
  • s
    sargeantfury
    sargeantfury
    Its just a never ending dreadful beating with this fund.
  • s
    sargeantfury
    sargeantfury
    Back to the 20's we go and even worse. Its uncanny.
  • A
    Anonymous
    Anonymous
    Distribution?
    half of the sp loss?
  • A
    AlanG
    AlanG
    TGLDX has a Morningstar rating of 4 stars, and a risk rating of 2 stars. This means it's return is far better than it's risk. It does not mean it's going to be the highest flyer in the market, or that it's even going to beat GDX. TGLDX is a good conservative choice in a crazy market. If you want to take higher risk in the hope of getting higher returns, plenty of other choices out there.
  • s
    sargeantfury
    sargeantfury
    Down Down Down. Knew this pig would plummet once in the 40's. How sad. There's your fundamentals
  • A
    Anonymous
    Anonymous
    why does this fund lag so badly on huge up days in the sector?
  • s
    sargeantfury
    sargeantfury
    Looks like the plummet starts a 46
  • s
    sargeantfury
    sargeantfury
    Very Sad
  • s
    sargeantfury
    sargeantfury
    Very sorry to shareholders. Been watching this go up for 3 months and just plopped down another ton o cash on it. And wouldn't you know it, as luck would have it. The plummet starts. Go figure.
  • A
    AlanG
    AlanG
    $TGLDX conversation
    TGLDX Semi-Annual Report Just Released. The Tocqueville Gold Fund

    Dear Fellow Shareholder, Over the past six months, through April 30, 2016, a significant change in market attitude toward gold stocks and gold in general has taken place. During the six-month period, gold rose 13.1% finishing at U.S. $1,290.50 per oz., while the Tocqueville Gold Fund (the “Fund”) returned 53.38%. Comparatively, the Philadelphia Stock Exchange Gold and Silver index increased 81.13%. Gold now appears to have recovered from a bottoming out process that occurred during the second half of 2015, after trending downward for four years. The markets’ assessment of the U.S. Federal Reserve’s interest rate posture weighed on gold at the end of 2015 but gold recovered as markets concluded that after the December increase another rate increase was unlikely, especially as the European Central Bank and the Bank of Japan continued to ease. As the 2016 calendar year got underway, global investors were most concerned that Chinese markets and global economic fundamentals would deteriorate, while oil prices continued a downward trend that began in 2014. During the period, we eliminated or reduced a number of positions, which we thought offered less return potential. We sold Continental Gold and Primero Mining as they faced permitting and tax issues, respectively. Those concerns are likely to impede their stock price performance. Iamgold, Kinross and New Gold were also eliminated as we assessed their capital allocation strategy as less than advantageous to shareholder value creation over the long-term. We reduced the Gold Fields position, as its South African mine continues to struggle and this has become a larger concern for the company’s longterm success. We sold small positions in Cia de Minas Buenaventura and Silvercrest as we determined that such small weightings in those two names are better utilized in several new positions for the Fund—TMAC Resources, NuLegacy Gold, Hochschild Mining and Richmont Mines. We added to Alamos Gold as the pr
  • A
    AlanG
    AlanG
    $TGLDX conversation
    TGLDX's Advantage. I think Tocqueville's big advantage is that they invest a lot in smaller gold mines. Just as it's easier for a local store to double than it is for Walmart, it's easier for a small miner to double. Now the problem is that most small miners don't make money- and never will. Which is why I don't invest in GDXJ, the small miner index. Tocqueville solves this problem by sending geologists out to examine small miners, see that they in fact are standing on a viable amount of gold. See that the operation is well run. Also, for the sake of safety, they have 10%+ in real gold. So TGLDX isn't beating the index, but on a risk-adjusted basis, it's doing terrific. Comments?
  • A
    AlanG
    AlanG
    $TGLDX conversation
    TGLDX up 66% YTD!. GDX up 88%, but TGLDX is safer. I think it has 14% of it's money in gold or gold ETFs. Also, the manager has the money in miners mostly in Canada, the US and Australia, places where the mines are not going to be confiscated. Both of these make for lower returns in an up market, but safer returns. That's a trade-off I'm happy to make.
  • K
    Kris
    Kris
    $TGLDX conversation
    Told ya 20's was a great price.... Quick easy double already and more to come.

    Thank me later.