40mm (and 20mm)

So I was looking for "sin stocks" to invest in this morning, and came across a link on a website for thematic investing (motif) that had National Presto Industries under "Guns & Ammunition".  Their site is for crockpots.  Well, it turns out from their investor info that one of their subsidiaries, AMTEC, manufactures ammunition for government contracts.  Apparently they also manufacture 20mm cartridge brass!  Information comes from the strangest places.

The Case for Silver Outpacing Gold

Interestingly enough, this article claims that the gold-silver ratio isn't out of line with changes in utilization and production.  With regard to the latter, the article claims that silver production has increased 25% in the past decade, whereas gold only increased 6%.  Another article is referenced, which claims the price of each metal relative to production cost indicates that silver only has a 10% premium, whereas gold has a 20% premium, therefore silver has more upside.

DEW (ETF) Components

Someone told me that I should look into an ETF called DEW, as I have an interest in securities that pay a high dividend.  This is WisdomTree's global equity income fund.  The annualized yield is only 3.7%, with an expense ratio of 0.58%.  They list all the components of the fund, so theoretically one could pick out a few promising ones and mimic the fund with lower overhead.  It's good for mining a few ideas, anyway.

High-Yield Energy Stocks

A while ago I was looking for energy stocks paying out big dividends, and came across a couple sites [1] [2] that listed a few.  This was before I found out how to search Google Finance for dividend yield.  Still, every once in a while these sorts of lists are interesting to go through.

Paper Metal Investments

So I'm looking for securities tied to gold/silver for two reasons: 1) for convenient trading to play gold vs. silver ratios, and 2) to invest in gold/silver with retirement dollars, since I have more cash there to invest.

There are a number of ETFs, including GLD, SGOL, AGOL, and SIVR.  The downsides include a large ratio of shares to physical holdings and gains taxable at the higher collectible rate rather than long-term capital gains.

In my reading online another option came up: Sprott's trusts PHYS and PSLV, which offer physical holdings in gold and silver with convertibility to metal and potential tax benefits.  I'll have to check out the prospectus.

Addition: Regarding how the IRS views ETFs in IRAs, apparently there are two private-letter rulings that state that gold/silver ETF shares in an IRA aren't collectibles for tax purposes.