Transaction log

  • Feb 18, 2020 - Bought 600 @ $13.92 (8.35% wtg, opportunistic)

  • Mar 13, 2020 - Bought 200 @ $9.91 (800 shares, 7.94% wtg)

  • Mar 1, 2021 - Bought 100 @ $19.08 (900 shares, 12.13% wtg)

  • Mar 2, 2022 - Sold 100 @ $22.57 (800 shares, 11.40% wtg)

  • May 28, 2024 - Sold 100 @ $18.74 (700 shares, 7.10% wtg)

  • Apr 3, 2025 - Sold 100 @ $28.31 (600 shares, 8.33% wtg)

ASA Gold & Precious Metals Ltd.

Location: Menlo Park, California (sub-advisor Merk Investments)

 

Profile

Industry: Gold mining

Sector: Basic materials

Theme: Inflation not dead

5-Year shareholder growth: n/a

Estimated fair value: $22

Valuation assumption: Net asset value (NAV)

History
Trump’s trade war goes nuclear
Trump’s trade war goes nuclear

Toto has just pulled back the curtain on the Trump economic team.  We're not in Kansas anymore... [trades]

Trimming ASA and replacing with Alamos Gold
Trimming ASA and replacing with Alamos Gold

Trimming ASA, adding to Alamos Gold and Five Below. With bullish sentiment extreme, time to add a little portfolio insurance. [trades]

Buying back Five Below, update on ASA proxy vote
Buying back Five Below, update on ASA proxy vote

Since recommending Five Below two years ago (and selling 9 months later at a 41% profit), the stock is right back where it started even though the company has grown 25%. Time to buy. [trade]

Critical ASA proxy vote on April 26
Critical ASA proxy vote on April 26

ASA Ltd’s proxy vote tomorrow is critical.

ASA’s discount to NAV attracts activist Saba
ASA’s discount to NAV attracts activist Saba

ASA’s 16.6% discount to NAV has attracted activist investor Saba. Why this is a bad idea.

Doubling down on Russia ETF
Doubling down on Russia ETF

“It’s always darkest before the dawn.” Time to buy Russian stocks? [trades]

Trimming American Eagle, adding to ASA Ltd
Trimming American Eagle, adding to ASA Ltd

With retailers up, gold stocks down, and speculative excesses everywhere, it’s time for a bit of rebalancing. [trades]

Coffee Can rule #7: Avoid the crowd at all costs
Coffee Can rule #7: Avoid the crowd at all costs

The herd is panicked… Are there opportunities for investors amid all the fear? [trades]

Inflation is not dead
Inflation is not dead

In fact, the reports of its death by the financial press are largely exaggerated.