Gold vs. Silver — Place Your Bets!

November 4, 2010

Everyone is talking about the gold trade these days. Gold Gold Gold. All over the news, all day everyday, 24/7, all anyone wants to talk about is gold.

What about silver? What’s silver been up to? Silver has to be rising too, right? Here’s a screen-grab I took of the GoogleTrends comparison of the phrases “gold prices” versus “silver prices.” You can consider it a rough estimation of media coverage via Google searches, keyword hits and overall internet chatter.

source: Google

You can see gold crushes silver in terms of media mentions and overall visibility, by a factor of around 2 to 1.

Now let’s go to the charts!! If you had to pick which ETF has done better in the last year, would you pick GLD (gold) or SLV (silver)?

Click here to see results. Click to find out!!

Disclosure: Dorsey Wright Money Management owns GLD & SLV in some of our portfolios & managed products.


Fund Flows

November 4, 2010

The Investment Company Institute is the national association of U.S. investment companies, including mutual funds, closed-end funds, exchange-traded funds (ETFs), and unit investment trusts (UITs). Members of ICI manage total assets of $11.82 trillion and serve nearly 90 million shareholders. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Outflows in domestic equity funds surged in the last 2 weeks, while taxable bonds continue to outsell the other groups by miles. How long can this trend continue?