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Gold, oil & 44 Bars per Minute

Gold, oil & 44 Bars per Minute

“Girls love to spin.” — Wayne, Dance Instructor, Howard County Parks and Rec. I’m taking dance classes at the local Parks & Rec. with a stunning brunette, which is why I’m shuffling my feet around on Sunday nights at eight. The crowd is mixed; twenty-something hipster couples and old guys who have difficulty with their gig lines. The instructor is a cross between Wayne Newton and Telly Savalas: a black silk shirt, shaved head, and a nose like an organic potato. He sucks his microphone like a lollipop and spits out a steady stream of advice: “One, two, hook the toe, slide back, twirl…” Chick magnet The chicks love him, of course. And heck, I was even having a good time�— right up until Wayne Savalas swished over during the break. My H1 was in the parking lot. It’s shiny, yellow, and chews diesel like a Mongolian wrestler at a yak roast. Wayne obviously saw me pull up and feels he should enlighten me about his new Chevy Volt getting 60 miles per gallon… And why would I drive something that sucks up so much gas and destroys the environment? I told him that I was fully invested in oil explorers. And with the trouble in the Middle East launching my shares, I could drive a Semi for life… Brent Crude ETF (BNO) Yes, he said, but is this more of a trade on the Arab revolutions, or does it have more to do with the destruction of the dollar? Wayne pointed out that the dollar/euro has hit a four-month low and seems to be heading lower. Down she goes What is most concerning is that during this particular period of global uncertainty, the

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Should I Invest in Gold Using SPDR Gold Trust? – Gold Bullion Pro

Filed in African Gold, Bank Gold, gld, Gold, Indonesian Gold, o, spdr by on January 19, 2011 0 Comments

SPDR gold trust (GLD) is one of the fastest growing gold investment companies that was originally introduced to the NYSE list of stocks in 2004. Now SPDR gold trust stocks are being actively traded at Tokyo, Singapore and Hong Kong …

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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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Zacks #1 Rank Additions for Tuesday – Tale of the Tape

Filed in BP, Gold Investing, Gold Prices, o, spdr by on December 14, 2010 0 Comments

Here are 5 stocks added to the Zacks #1 Rank (“strong buy”) List for Tuesday

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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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Gold’s Technicals Still Intact

Filed in gld, Gold, shares, silver, spdr, SPDR Gold Shares by on September 30, 2010 0 Comments
Gold’s Technicals Still Intact

So far today, the weakness in the SPDR Gold Shares (NYSE: GLD) has not inflicted significant technical damage to the Aug-Sept uptrend. To do that, the GLD must break back beneath today’s low at 126.61– and follow through to violate the prior significant pivot low at 125.58. A breach of 125.58 will inflict meaningful damage to the dominant uptrend, which should trigger additional selling pressure that drives the GLD to test and likely break its Aug-Sept up trendline, now at 124.80 within a developing correction of the the two month, 12% advance. Barring a break of today’s initial low intraday low at 126.61, however, the bulls will remain in directional control.

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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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The Week Ahead Key Levels for the SPY

Filed in Gold Investing, Gold Prices, spdr by on September 26, 2010 0 Comments

Don’t fight the Fed!I was watching last week’s action in the SPDR S&P 500 ETF (SPY) very closely as we had reached a critical resistance level. There were a number of technical indicators that were showing weakness and the idea of short…

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Gold stocks ride bull wave | 16 September 2010 | www …

Filed in African Gold, Australian Gold, Gold, shares, spdr, SPDR Gold Shares by on September 15, 2010 0 Comments

Looking at gold and gold-related stocks , the biggest, in terms of market value, stands as US-quoted SPDR Gold Shares ETF, the world’s biggest gold bullion exchange traded fund. This has a current market value of $52.3bn, …

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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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Thrust in Gold

Thrust in Gold

Not sure what specifically triggered the pre-market thrust in gold and in the SPDR Gold Shares (NYSE: GLD), but there are probably 10 fundamental reasons we can come up with, aside from the resumption of the “flight-to-safety” excuse. Right now, every time I think about the reason for a powerful new upleg in gold prices, my mind gravitates to the following thought — that questions about the efficacy of the most powerful governmental institutions on the planet (the Fed and the BOJ) might slowly but surely be eating away at investor confidence that current eco-financial problems can be appropriately dealt with, and remedied. Once CONFIDENCE starts to deteriorate, it will gain momentum rapidly, which will “force” money into gold and out of all types of sovereign paper. At that point, should it emerge, gold will be the main game in town. See our chartwork on the GLD.

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