GLD Update, True Love?

I don’t know if my Girlfriend would approve of me claiming GLD as my true love, but nonetheless the ETF is hot, and I can’t help thinking about our future together.

I posted GLD first at $77.81, then again at $82.50, and now today it is trading above $85, gotta like it.

gld-010308.png

The major buy point on GLD was on December 21st which is where my arrow is pointing when it gapped above $80. The ETF has been on the move since and shows no signs of slowing down yet.

-- Posted by Blain Reinkensmeyer on January 3, 2008 at 2:16 pm --

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Comments on "GLD Update, True Love?" are closed unless our forms appear below.
Comment by Jonathan
2008-01-03 21:02:02

Blain,

You’re just interested in GLD for it’s profit potential. I think it’s just puppy love. Stick with you GF. :grin:

Comment by Blain Reinkensmeyer
2008-01-03 22:40:42

lol, well said.

 
 
2008-01-04 00:02:57

[...] GLD Update, True Love? [...]

 
2008-01-23 19:01:50

[...] now that the Feds cut rates by 75bp, you can expect the trend to continue. I have claimed GLD to be my true love in the past because of its supreme run, and this is just one example of a solid play on [...]

 
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