4 replies to this topic

[mikehb]

why..with GLD and SLV down for the day on Friday....the shares of SPPSX were DOWN for the day(SPPSX is a fund that goes inverse to the price of precious metals) ..and the shares of PMPIX (a fund that is supposed to go up when precious metals go up) was UP for the day?...i will spare the sarcasm and the feelings i have about all of this investment "industry" until i get an answer that i can live with..i trust some of the good and intelligent people on this board can help me out here.......thank you...

[vitaminm]

why..with GLD and SLV down for the day on Friday....the shares of SPPSX were DOWN for the day(SPPSX is a fund that goes inverse to the price of precious metals) ..and the shares of PMPIX (a fund that is supposed to go up when precious metals go up) was UP for the day?...i will spare the sarcasm and the feelings i have about all of this investment "industry" until i get an answer that i can live with..i trust some of the good and intelligent people on this board can help me out here.......thank you...

These funds track ^DJGSP only

http://finance.yahoo...x pmpix gld slv


Look at FUND SUMMARY


http://finance.yahoo.com/q?s=PMPIX

[mikehb]

why..with GLD and SLV down for the day on Friday....the shares of SPPSX were DOWN for the day(SPPSX is a fund that goes inverse to the price of precious metals) ..and the shares of PMPIX (a fund that is supposed to go up when precious metals go up) was UP for the day?...i will spare the sarcasm and the feelings i have about all of this investment "industry" until i get an answer that i can live with..i trust some of the good and intelligent people on this board can help me out here.......thank you...

These funds track ^DJGSP only

http://finance.yahoo...x pmpix gld slv


Look at FUND SUMMARY


http://finance.yahoo.com/q?s=PMPIX

thank you!..i DO appreciate that information

[Rogerdodger]

Here's a chart which compares SLV to SPPSX.
The Green line is SLV (inverted)
Red is SPPSX.
Looks like they are related but not the same animal.
http://stockcharts.com/c-sc/sc?s=$ONE:SLV&p=D&b=3&g=0&i=p73559755446&a=108917345&r=9809.png


Speaking of Silver...
A long uptrend line looks broken and back kissed.
http://stockcharts.c...7247&r=4834.png

[HoseB]

why..with GLD and SLV down for the day on Friday....the shares of SPPSX were DOWN for the day(SPPSX is a fund that goes inverse to the price of precious metals) ..and the shares of PMPIX (a fund that is supposed to go up when precious metals go up) was UP for the day?...i will spare the sarcasm and the feelings i have about all of this investment "industry" until i get an answer that i can live with..i trust some of the good and intelligent people on this board can help me out here.......thank you...

Gold share buyers anticipating upside reversal in the metal. Look for both the physical and shares to be up Monday and perhaps for the next several days.