is a closed end fund (commonly called an Exchange-traded Fund or ETF) that I have followed for a long time. ASA was created some 50 years ago and was an ETF long before the term was ever coined. ASA originally stood for “American South African Investment Company, Ltd.”
interracial dating los angeles ca We had some ASA in our family portfolio for a long while, but I cashed out my gains
in it back a few months ago when it was clear that a downturn in gold
and other precious metals was likely under way (about the time of the
20-50 downcross)….note that ASA typically pays a cash dividend, but that it is usually around 1% or so most of the time.
source site Nonetheless, I have have kept my eye on it though….it appears
to be giving a BUY signal now. This animal moves slowly….not for those
looking to make big gains in a short amount of time….
flirten blicke deuten ASA is
for INVESTORS rather than traders, but it’s a high-quality
investment–it currently pays a small dividend, but can pay higher when
things improve in some of its investments which includes platinum and
diamond mine companies ….notice the rising A-D line during the
bottoming phase–I have seen this many times, and it’s a sign that the
hedge and mutual funds are QUIETLY accumulating shares at this
time…the rising histogram tells us the same story…
Here’s the chart….As always, this is strictly my opinion and there are never any guarantees with investing in something like this, but my seasoned investing skills seem to be saying the bottom is in or close to it….