SPDR Gold Trust

Top Picks 2011: SPDR Gold (GLD) and iShares Silver (SLV)

Filed in Bank Gold, commodities, gld, Gold, Gold ETF, o, shares, silver, spdr, SPDR Gold Trust by on December 29, 2010 0 Comments
Top Picks 2011: SPDR Gold (GLD) and iShares Silver (SLV)

Filed under: Newsletters , ETF Investing , Commodities , Best Stocks for 2011 This post is one in a series in which more than 60 newsletter advisors share their Top Stock Picks for 2011 . This special report is courtesy of TheStockAdvisors.com . “Gold and silver were top performers in 2010. In fact, they’ve been top performers over the past eight to 10 years. We believe this will continue in 2011,” says resource expert Mary Anne and Pamela Aden . The co-editors of The Aden Forecast explains, “As the year was drawing to a close, gold hit an all time record high and silver reached a 30 year high. It was super bullish action. And it’s not over yet. Continue reading Top Picks 2011: SPDR Gold (GLD) and iShares Silver (SLV) Top Picks 2011: SPDR Gold (GLD) and iShares Silver (SLV) originally appeared on BloggingStocks on Wed, 29 Dec 2010 10:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Gold: The Stages of a Mega-Bull Market

Gold: The Stages of a Mega-Bull Market

Filed under: Major Movement , Newsletters , ETF Investing , Commodities , Stocks to Buy , Recession “We hear that gold is in a bubble, it can’t rise much further and so on,” content resource experts Mary Anne and Pamela Aden . The co-editors of The Aden Forecast explain, “Many wonder, why is it even rising so much? For that, you have to look at history from a global perspective and it’ll provide the answer. “We’ve often pointed out that gold is money. It has been for thousands of years. Paper money is not really money and there isn’t one paper currency that has survived over time. Continue reading Gold: The Stages of a Mega-Bull Market Gold: The Stages of a Mega-Bull Market originally appeared on BloggingStocks on Tue, 26 Oct 2010 10:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Gold Prices Today Pick Up After Noon

Gold prices today plummeted in morning trading, as on the Comex division of the New York Mercantile Exchange they dropped to as low as $1,341.10.Spot gold also rebounded to surpass the $1,350 an ounce mark, also dropping to almost $1,340 earlier in the trading session.Major gold miners like Barrick Gold (NYSE:ABX), Newmont Mining (NYSE:NEM) and Goldcorp (NYSE:GG) were all still down at about 1:00

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Market Vectors (NYSEArca:GDX), SPDR (NYSEArca:GLD) Soar on Record Gold Prices

Gold prices pulled the entire gold sector up with them today, with Market Vectors Gold Miners ETF (NYSEArca:GDX) and SPDR Gold Trust (NYSEArca:GLD)breaking records themselves. Gold settled Tuesday at $1,340.30 an ounce, skyrocketing by $23.50. Market Vectors rose to an all-time high of $58.83, before closing at $57.25, gaining $1.71, or 3.08 percent on the day. SPDR ended the day at $130.99,

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Call Options Rising on SPDR Gold Trust (NYSEArca:GLD)

Quantitative easing by the Federal Reserve is a surety, and in response, an increasing number of call options being taken on SPDR Gold Trust (NYSEArca:GLD). While it’s not certain the exact way the Fed will acquire Treasury bonds, it doesn’t matter, as the result will be the same: the debasing of the American dollar, which will drive up the price of gold. There are many other reasons gold is

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With Gold Breaking Out, Is It Time To Buy The Gold Trust ETF GLD?

Filed in commodities, gld, Gold, Gold Investing, Gold Prices, shares, spdr, SPDR Gold Trust by on September 15, 2010 0 Comments

The big fund managers, in all their infinite wisdom, seem to be liking Gold right now. The SPDR Gold Trust ETF (GLD) spiked about 2% on Tuesday on big volume. 26.5 million shares traded compared to the 50-day average of 11 million signifies possibly mo…

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Forget Stocks, Stick with Gold (NYSE:GLD) | Financal Advisor

Just sell the house and put it all into the SPDR Gold Trust (ETF) (NYSE:GLD). Forget the gold companies, just go with the GLD, it does its best to reflect the performance of the price of gold bullion . Gold futures topped $1250 an ounce …

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Gold Jumps to a Four-Week High

Gold Jumps to a Four-Week High

Filed under: Commodities Gold is back in the news. December gold futures were up $17.20 to $1,215.10 per ounce. Gold buying is spurred by safe-haven demand . Investors simply want to buy gold. The SPDR Gold Trust ( GLD ) the world’s largest gold-traded fund, added 3.04 metric tons to 1,285.79 metric tons. Demand also rose after the Federal Reserve announced another bout of quantitative easing. The Fed is using the proceeds from its previous purchases to buy additional Treasuries. This in an effort to keep interest rates low. Continue reading Gold Jumps to a Four-Week High Gold Jumps to a Four-Week High originally appeared on BloggingStocks on Fri, 13 Aug 2010 09:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Three Reasons to Buy SPDR Gold Trust (GLD)

Filed in Bank Gold, commodities, gld, Gold, Gold ETF, spdr, SPDR Gold Trust by on August 5, 2010 0 Comments

Filed under: Newsletters , ETF Investing , Commodities , Stocks to Buy “I do believe a lot of fundamentals and technicals and time-cycle indicators are now pointing to an up-trend in gold,” says Mike Turner . The editor of Mastering the Markets explains, “As such, my latest recommendation is to buy the SPDR Gold Trust ( GLD ), a gold ETF that tends to reflect one-tenth the actual price of gold. “My proprietary forecasting software system indicates that GLD could stay relatively flat for the next three weeks before beginning a rather sharp upward trend. The uptick in my indicators suggests that this could be the start of the more significant uptrend for August. Continue reading Three Reasons to Buy SPDR Gold Trust (GLD) Three Reasons to Buy SPDR Gold Trust (GLD) originally appeared on BloggingStocks on Thu, 05 Aug 2010 10:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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WEEKLY COMMODITY REPORT Jul (12-17)

Base Metals Up On Higher Equities, Euro! “GOLD RISES 1.5 PCT, CONSISTENT SELLING CAPS HIGH” U.S. Gold futures finished Friday at their highest close in four days, but gains were held in light volumes and sellers at $1,210 an ounce. Gold briefly rose 1.5 percent to four-day highs $1,210 an ounce on Friday, but selling around that level kept price gains capped. Uncertaint surrounds the global economy and slow summer trading sessions kept prices, both in precious metals as well as correlated markets such as equities in check. Spot Gold advanced to $1,209.05 an ounce from previous session’s late quote in New York at $1,196.48 an ounce. Earlier, it touched $1,213.35, its highest since July 5 against $1,196.48 late Thursday trade. U.S. gold futures for August delivery firmed $13.70 to settle at $1,209.80 on the New York Mercantile Exchange’s COMEX division, and earlier hit a four-day high at $1,214.10. Holdings of the world’s largest gold- backed exchange-traded fund, New York’s SPDR Gold Trust, slipped again on Thursday, dipping 0.445 tonnes to 1,316.036tonnes. The fund’s holdings have retreated 4.4 tonnes from the record 1,320.436 tonnes they stood at in late June, as the safe haven-related inflows seen in recent months dried up. “OIL TOPS $76 IN CHOPPY TRADING, POSTS WEEKLY AGAIN” Oil prices topped $76 per barrel on Friday on demand optimism, posting the biggest “OIL TOPS $76 INweekly increase since late May after a choppy low volume trading session. U.S. Crude fo August settled up 65 cents or 0.86 percent to $76.09 per barrel in a volatile session,closing the week with a 5.5 percent gain — the biggest weekly jump since the week to May 28. Prices jumped as much as $1 to $76.48, the highest intra-day price since Jun 30, slipping in and out of negative territory before settling up. Trading volumes for the front-month contract were at their lowest levels since early last week. U.S. equities markets closed up as investors eyed corporate earnings season that unofficially kicks off on Mondays. The S&P 500 index closed up 0.72 percent while the Dow Jones Industrial average rose 0.58 percent, helping the principal U.S. stock indices post an increase of more 5 percent for the week their best week in a year. Investors often see rising equities markets as a sign of economic growth, which generally spurs demand for oil. U.S. Crude was still below a 19-month peak above $87 reached in early May, having rebounded sharply from a trough below $65 on May 20. Crude inventories in the United States dropped 5 million barrels last week, more than twice as much as expected, the Energy Information Administration said. Markets awaited Chinese trade data, to be published on Saturday, for further price direction. Year-on-year import and export growth probably slowed last month from the sizzling pace set in May, in large part reflecting a higher base of comparison as the global recovery gained strength around the middle of last year. “U.S. COPPER ENDS AT 2-…

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Gold Investing – 7 Levels of Risk | Investing Articles

Gold Bullion Funds – This is a way of holding the ‘virtual’ metal by holding the shares of the trust. Each share is secured by gold bullion holdings which theoretically can be delivered in lieu of the shares. SPDR Gold Trust is the largest … Gold Mutual Funds – If you prefer some gearing to your investment choices, Gold mutual funds are one of the safer ways to invest in gold stocks .There are now a wide range of gold funds, Blackrock Gold and General being one example. …

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More Downside for GLD

Filed in gld, Gold, spdr, SPDR Gold Trust, ubs by on July 6, 2010 0 Comments
More Downside for GLD

The SPDR Gold Trust (GLD) is down about 6% from its June high at 123.50/52, and down about 2% from its violation of key near-term support at 119.03. As we noted to subscribers late last Thursday, a break of that support level will argue that the GLD is entering a long liquidation “event.” Although the correction has been sharp and quick, my work argues for still more weakness into a minimum target of 115.40/00, if not into the 114-112 area prior to a resumption of buying interest.

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