2022 WinnersIn trying to figure out what would have done well in 2022, a time when most investments and funds lost money, I found these.
Key stats
About iShares Gold Trust Shares of the iShares Gold Trust
Home page
Inception date
Jan 21, 2005
Structure
Grantor Trust
Dividend treatment
Capitalizes
Distribution tax treatment
Return of capital
Income tax type
Collectibles
Max ST capital gains rate
39.60%
Max LT capital gains rate
28.00%
Primary advisor
iShares Delaware Trust Sponsor LLC
Distributor
BlackRock Investments LLC
IAU is an efficient way for investors to hold physical gold. The fund removes the complexities for retail investors of buying, transporting, storing and insuring physical gold. Using a grantor trust structure, the fund is a very stable fund. The underlying gold bars are held in vaults around the world, with an inventory list available on the Issuers website. Similar to its competitor, GLD, investors should know that long-term gains have noteworthy tax liabilities, since IAU is considered a collectible. The daily NAV of the trust is based on that days LBMA Gold Price PM. Where IAU shines for buy-and-hold retail investors is its lower handle and low expense ratio. At launch, shares of IAU corresponded to 1/100th of an ounce of gold (though this will decrease over time due to expenses). The fund is a solid choice for gold investors.
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.00%
Top 10 holdings
gold is "up" against bitcoinrecently gold was going up, yet if you zoom out 3 years, the recent rise is not visible
Bullish breakout on GOLD Upper fib zone shows 56.32, OTM calls for Jan 26 opex 65, strike price, premium 0.75. Currently up 30% wish me luck.
Gold LongRiding gold calls, Clear bullish order flow. the $50 breakout going by fibs should see $57 soon. Bullish the general market the next few weeks. Good luck.
BlackRock's Bitcoin ETF flips its Gold ETF in market capIt's insane how quickly BlackRock's NASDAQ:IBIT Bitcoin ETF surpassed its AMEX:IAU Gold ETF by market cap.
Digital gold is better as IBIT tops $34B in assets. Digital gold FTW.
GOLD can be a defensive asset, as geopolitical risks still highCaught in the twin grip of elevated US yields and a stronger USD, Gold may be on the defensive over the near term unless geopolitical risks still escalate.
Escalating geopolitical and trade risks are playing an increasingly supportive role in Gold prices, engineering rallies that are likely to stay
Gold to fall for the next 1-2 months
Bouncing off the top of the LuxAlgo
Retail is buying for fear of the current economic uncertainty, so it's a good time for whales to squeeze the longs (and create even more uncertainty/FUD, to be exploited later)
JP Morgan has a huge short position
Multiple indicators are all pointing to an
Gold ETF growth hypotizeIdea:
Retest of 34.66 level. Change of local falling trend
SL: 34.57
Buy: 34.79
$IAU - Short GoldThis is a really simple trade. Here is a weekly candle chart showing nothing but weakness. Gold failed to breakout on any time frame. Now, it is threatening two plus year support.
If the support breaks, and only if it breaks, take the short side of the ledger. Ticker: $IAU iShares Gold Trust.
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Summarizing what the indicators are suggesting.
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Neutral
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Neutral
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Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.