The Shocking Truth About 2025's Top-Performing CEF
Performance and Valuation of ASA Gold and Precious Metals Ltd.: Despite a remarkable 69.4% increase in 2025, ASA's low dividend yield of 0.2% and persistent 11% discount to net asset value suggest it may not be a wise long-term investment, as it tends to decline after significant gains.
Investment Strategy and Market Timing: Investors should consider waiting for a downturn in gold prices before investing in ASA, as the fund is currently overvalued and may not provide sustainable returns for long-term holders compared to other higher-yielding options available in the market.
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Analyst Views on GLD

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Kiyosaki's Investment Strategy: Robert Kiyosaki has halted purchases of Bitcoin, silver, and gold until prices reach new market bottoms, indicating he would buy silver near $74 and gold near $4,000.
Market Concerns: Kiyosaki expressed concerns about falling prices and the U.S. fiscal situation, highlighting the national debt of approximately $38 trillion and future liabilities potentially ballooning to $250 trillion.
Selling Reluctance: He acknowledged selling some Bitcoin and gold but dislikes paying capital gains taxes, emphasizing the importance of buying rather than selling for profit.
Future Plans: Kiyosaki plans to publicly disclose when he resumes buying and warns investors against chasing market rallies, reiterating a lesson from his book "Rich Dad Poor Dad" about market timing.

Market Pressure on Cryptocurrencies: The cryptocurrency market has faced significant pressure due to broader risk asset weaknesses, with Bitcoin dropping 8% to $67,149 and spot gold falling 2.4% to $4,847.71.
Institutional Withdrawals Impacting Bitcoin: Deutche Bank analysts noted that the decline in cryptocurrencies is largely driven by heavy withdrawals from institutional ETFs, which have recorded billions in outflows since October 2025.
Bitcoin's Long-Term Appeal Strengthens: Despite recent declines, Bitcoin's long-term appeal relative to gold has strengthened, driven by gold's recent volatility and a widening divergence between the two assets.
Significant Market Cap Needed for Bitcoin: Analysts suggest that Bitcoin's market cap would need to reach approximately $266,000 to match private-sector investment in gold, estimated at around $8 trillion, although this is considered unrealistic in the near term.

Economic Growth: The economy has seen a growth of 2.3% recently, indicating a positive trend in economic performance.
Water Rates: Water rates have increased by 2%, reflecting rising costs in essential services.
Mining Sector: The barrick mining sector has added 1.9% to the economy, showcasing its contribution to overall growth.
Gold Prices: Harmony Gold has experienced a rise of 2.3%, highlighting the ongoing demand and value in the gold market.

Kinross Gold Performance: Kinross Gold's stock has increased by 1.3%.
Gold Fields Growth: Gold Fields has seen a gain of 3.1% in its stock value.
AngloGold Ashanti Rise: AngloGold Ashanti's stock has risen by 3.4%.
Overall Market Trends: The performance of these gold companies indicates a positive trend in the gold sector.
- Gold Miners' Shares Rise: Shares of gold mining companies have increased as gold prices climb over 1.8%.
- Market Reaction: The rise in gold prices is influencing investor sentiment and boosting the performance of mining stocks.

Investment Strategy: Ray Dalio emphasizes that central banks and sovereign wealth funds should allocate a percentage of their investments in gold to diversify risks, especially in light of potential capital wars and economic instability.
Concerns Over Capital Wars: Dalio warns that the world is on the brink of a capital war, where financial controls and restrictions could escalate tensions, particularly with recent geopolitical moves like the Trump administration's interest in Greenland.
Gold as a Hedge: He advocates for gold as an effective hedge against capital wars, noting its unique performance during economic downturns and its role as a diversifier in investment portfolios.
Market Volatility: Recent volatility in gold and silver prices has raised concerns among investors, with analysts suggesting that the future price trajectory will depend on how Chinese investors respond to market fluctuations.





