Tag: SPDR Gold Shares (GLD)
Is Gold Headed Lower?
Gold has been in a state of flux for some time now. After reaching a 52-week high in October of last year, gold started another multi-month decline. Along the way, the world’s second-largest ETF, SPDR Gold Shares (GLD), has fallen right along with the spot price of gold (as we’d expect). Now, when looking at […]
My Outrageous Gold Prediction…
They did it! Ben Bernanke and the Federal Reserve dropped a nuclear money bomb on the markets last week. In an all out attempt to stimulate the US economy, the Fed finally unleashed their highly anticipated third round of quantitative easing… QE3. As you may know, investors have speculated for months on whether Bernanke would […]