February 4, 2012

iShares GLD Closes Above $120

For the past couple of years NYSE:GLD has been on a tear while SLV has been slowly following behind. The rest of the market on the other hand, well you know the story with that, sad sad sad. But the iShares trust GLD has been following right along lock step with gold and the precious [...]

Will Markets Upward Trend Hurt GLD?

The markets have been whacky ever since the troubles with Greece and their more debt then even the countries worth problems have hit the worldwide stage. The Euro is trying to sustain a just better than the dollar level. And oil continues to pour into the Gulf of Mexico. But even in all this up [...]

Gold Exceeding $1000

That’s right, we’re late on the reporting but gold is over $1000 US dollars for an ounce. Yikes.  Is it too much?  No one really knows, but all those skeptics that spoke out as it traveled down below $900 after coming near these recent highs a while back are eating their words…. Or are they? [...]

Should You Buy Gold Now?

While we’re not going to give a buy recommendation on gold right now we do think it’s one to watch. Nearly $300 off it’s high of earlier in the year, an ounce of gold may be the place to put your money during this possible inflationary time. But nobody is giving any recommendations lately.  Not [...]

GLD streetTRACKS Gold ETF

Recently we discussed the iShares ETF IAU which is a gold trust ETF like the silver trust ETF SLV. Now here’s another one that, if you’re into ETFs, you may be interested in. It’s called streetTRACKS Gold Trust (GLD). Like IAU and SLV, GLD buys and stores gold and allows investors to buy a share [...]