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What is “Forever Gold?” — Stock Gumshoe Daily Update


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Stock Gumshoe Daily Update

March 21, 2012   

Greetings, Gumshoe readers!


I’ve gotten quite a few questions about the teaser from Ian Wyatt that pitches his idea of “Forever Gold,” a company that gets a share from tons of productive gold mines and pays a nice dividend, but I’m turning this one over to the peanut gallery — this is a stock I’ve written about many times in the past, and a core holding for any fans of precious metals royalties, but we’ll let the Stock Gumshoe commenters and Irregulars show you the answer in this note.
 
Irregulars and others will know that I often write about and own a different and much smaller gold “royalty” play, which I last commented on in response to another Irregular’s question here, but that’s not to say the grandpappy isn’t worth owning, too.  I share these notes to get some quick answers out to you, but also to remind the Irregulars that they can start a discussion or pose a question to the group at any time by clicking here.
 
Miss yesterday’s high-yield fun?  Just read on …

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Yesterday we again got to lust over some high yields — this time, our high-income teaser is Elliott Gue, who tells us he’s got a new investment we should look at that yields 13%, and that might get up to 17 or 18% if they hit their incentives in the quarters to come.  That sounds awfully good in a world where savings accounts yield nothing (and the copywriters know this, of course), so let’s sleuthify out an answer for you, shall we?  Just 

 

 


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