Meet the New PIGS (Paradise Index of Gold and Silver Miners)
….This Index of 33 Gold and Silver Miners….many of which are widely held by Goldtent Posters…started on June 25……we had to make some changes along the way….here they are as of Dec 31 07….
……Note the Index stared at 330….each component worth 10 points…..the HUI was same value (330) that day….PIGS have really lagged the HUI in these first 6 months….HUI finished the year at 409….PIGS at 359…..a huge 50 point deficit…..Look at the diversity of results in the Index….some BIG winners and some Big Loosers…..This is why many PM Advocates say ..dont have more than 5% of your Portfolio in each stock……Going Forward I really expect the PIGS to Fly…..and surpass HUI in 2008…
…………….% change
7 AEM 55.29
7 * ARU 13.21
7 AUY 5.29
7 CALVF -30.07
7 * ECU -6.00
7 EGO -1.36
7 * EXN 23.01
7 GBN 3.91
7 * GEA 31.12
7 GG 42.98
7 GPXM -21.33
7 GRS -37.62
7 GSS -13.90
7 HL 13.89
7 IAG 7.14
7 KGC 49.47
7 MFN 3.01
7 MNEAF -20.00
7 MRB 25.58
7 NEM 24.79
7 NG -42.90
7 NXG 2.36
7 PAAS 30.14
7 RBY -21.39
7 RGLD 26.32
7 SA 61.49
7 SLW 47.69
7 SMXMF 3.28
7 SSRI 4.70
7 TGB 38.87
7 TRE 41.31
7 UXG -41.85
7 * VGQ 40.70
* These stocks trade in Canadian currency - prices have been converted to US currency
Portfolio Value Summary as of 11:39:21 Tue 01 Jan 2008 ($usd)
Total $Bought usd$ 33,005
Total $Sold $ 0
Total Equity Cost $ 33,005
Current Equity Value $ 36,599
Your Net Return $ 3,594 10.89%
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