GLD Update, True Love?
Posted on Thu 3rd Jan, 2008 02:16:19 PM
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.
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.
More on this topic
(What's this?)
Global Gold Reserves At $1.4T, US Reserves At Only $287B, GLD Only $38B
(Shocked Investor, 9/21/09)
Buy, Sell or Hold: The SPDR Gold Trust ETF (NYSE: GLD) Continues to Offer Investors a Hedge Again...
(Money Morning, 9/14/09)
New Gold ETF Takes On GLD, IAU
(Index Universe, 9/9/09)
4 Responses
Other Websites Referencing This Post
- Post Recap, January 3rd 2008 - Stock Trading To Go
- 6 Gold and Mining Stocks to Watch | Stock Trading To Go
Blain,
You’re just interested in GLD for it’s profit potential. I think it’s just puppy love. Stick with you GF.
lol, well said.