GOLY

$GOLY chatter on StockTwits

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  Ryan Wright@naz2hiAug 6

  $GOLD $AAAU $GOLY $QQQ $SPY … Is GOLD and the collapse of the Japanese yen telegraphing that the Carry Trade is Over? Because it's starting to look that way. For decades now, at zero to negative rates, Japan became the go-to lender for the global shadow banking and corporate elites, who would happily borrow yen for nothing and then convert those yen into trillions of dollars for massive leverage in the S&P and NASDAQ. These Wall Street geniuses called this the Japanese "carry trade." And it initially transpired into an absolute boom for American stocks over the past few decades. But folks, the Japanese banks are now cutting off this free money spigot. The carry trade (which saw its first hiccups in August of 2024) is now over—or more correctly on life-support currently, and the ripple effects are swelling into tidal waves racing toward most current investor's 401Ks.

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  Ryan Wright@naz2hiAug 6

  $GOLD $AAAU $GOLY … So, what's in store for gold in today's growing global geopolitical & monetary uncertainty? Guessing the Japan's yen summer collapse (now trading at its weakest level vs the USD in four decades) and the Fed's Warsh just told us. The reason the Japanese yen has fallen and continues to do so, is the direct result of decades of extreme money printing, repressed interest rates and a debt/GDP ratio that brings more than tears to the eyes. (Sound familiar?) Japan's latest finance minister (the 22nd since 1990) tried to save the yen with $73B worth of currency support (thanks to a massive Japanese sale of USTs). But that strategy clearly failed. Equally unsuccessful was Tokyo's attempt to raise interest rates to a whopping 1% in June (the highest levels seen since the 1990s). Which was pathetic given that Tokyo has been running zero to even negative rates for decades. Conclusion: The Carry Trade is on life-support currently!

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  Letter Turner@VannaBlackApr 10

  $GOLY It’s April 10th and they have NAV from April 8th on their website per usual. 1. It’s illegal by SEC not to publish NAV within 1 day, most do it shortly after EOD. 2. No intraday value ticker like Goly.IV 3. They have not responded to 5 requests by me probably bc I’m retail Avoid at all costs

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  Letter Turner@VannaBlackBearishApr 9

  $GOLY I’m almost fully out of my 500 share long position. Waiting until about 150 shares hit long term for taxes but non-liquid options market so selling covered calls was not an option. I made some money on this trade but I will NEVER buy a Strategy Shares ETF again. 1. They publish the NAV from two days prior instead of at or after the end of business day. This violates SEC regulation 6c-11. At the very least I should have woken up today and seen the NAV from 2. Lack of Market Makers. I’m MMs pull back in times of volatility but a VIX in the 20s to me is NOT high volatility. With no intraday value ticker like $GOLY.IV which most major ETFs let you look at throughout the day your flying blind. 3. The lack of transparency and conversion to an active ETF. The fact they have a shell corp SSGH Fund that holds gold total return swaps and varies between 19% to 25% in April and much higher in the past. It’s a black box.

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  Letter Turner@VannaBlackBearishApr 6

  $GOLY I’m talking to my lawyer about this. ETFs are required to publish the NAV daily active or passive. Having a NAV from April 1st when it is April 6th is unacceptable. If my lawyer advises me too I will submit a SEC complaint form to formalize the process of restitution.

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  Letter Turner@VannaBlackBearishApr 6

  $GOLY $GLD It’s 8:30 am EST and this garbage ETF still has the NAV from LAST WEDNESDAY April 1st up on its website. This is ridiculous. I don’t care that Good Friday was a Market holiday. YTD return on $GLD or $GLDM is 7.82%. $GOLY has returned -17.2% YTD minus the dividends but still terrible performance. So worse on the way up and the way down. The decision making by these “active ETF Managers” has been horrendous and I can’t even see all their positions because ~20% is held in a Cayman Islands shell corp for tax reasons but if gold bounces I am out and never coming back. This is supposed to be a gold hedged ETF and it hedges nothing!!! Losing on corporate bonds, short dated treasuries, losing on gold, losing on god knows what other commodity trades they are making, probably silver. Hey, you know what else is a commodity, oil you stupid fucks. Also, I don’t give a fuck about a 5% yield if it comes at the cost of NAV. Absolutely abysmal

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  Letter Turner@VannaBlackMar 31

  $GOLY trading at a -1.26% discount to NAV yesterday. $29.40 NAV vs $29.03 market price at close. I put in a bid yesterday at $29 and picked up some more shares. Still don’t like the black box commodity trade through SSGH their fund in the Caymans that holds the gold swaps and commodities??

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  Letter Turner@VannaBlackMar 27

  $GLD $GLDM $GOLY it would make this easier to trade if it published the NAV on the website, the next morning like every reputable ETF. Why can I only see NAV from 3/25? That’s two days ago! That’s such a lag and makes it hard to discern why a gold/bond etf is up 0.2% and $GLD is up 3.49%!

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  K@luv1pocketMar 20

  $GOLY So is this a bargain now with yield around 9% or am I just throwing money away and it goes lower?

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  G Hackney@HwrightinvestingBullishMar 13

  $GOLY Added.

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  Letter Turner@VannaBlackBearishMar 9

  $GOLY some genius at this ETF must have gone short some commodities like oil futures because they were “overvalued”. I might be dumping my entire position because they haven’t updated their NAV for Friday March 5th yet or emailed me back and the gold/bond portion of the portfolio were up on Friday yet it tanked from $38 to $35 and now as low as ~$32 today.

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  Letter Turner@VannaBlackMar 7

  $GOLY what the fuck is going on here. Is there a large movement in one of the bonds they are holding? $GLD up1.78% today and this ends the day DOWN 4.79%. That’s an almost 7% difference! It’s supposed to be gold with a bond/commodity wrapper with a yield of 5% monthly. Total return has been great but either this is trading at a massive discount to NAV EOD or the total return swaps they have are shit. How the hell when you have a commodity component and oil is through the roof are you down that much. Waiting for the NAV update on their website

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  K@luv1pocketFeb 6

  $GOLY anybody buying this ETF $GLD

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  ExitLiquidity@ExitLiquidityBullishJan 28

  $GOLY Up over 20% on NAV alone since entry in mid-October. Still less than 60 watchers….

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  Stu Pydd@Villidj_IdjitJan 24

  Here are a couple of interesting $GLD and $SLV plays: $GOLY and $KSLV . https://summamoney.com/investing/the-daily/2-dividend-etfs-that-are-turning-the-gold-and-silver-rally-into-a-tsunami-of-cash/

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