Tag: spdr

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

Continue Reading »

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 …

Continue Reading »

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

Continue Reading »

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,

Continue Reading »

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…

Continue Reading »

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, …

Continue Reading »

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…

Continue Reading »

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 …

Continue Reading »

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.

Continue Reading »

Stockerblog – The Stock Market Blog: Investing in Gold

… works much like a mutual fund except that instead of holding a basket of stocks , they own gold. For example, SPDR Gold Shares (GLD) holds gold bullion and is up over 23% for the year. The five year average annual return is 19.8%. …

Continue Reading »

Gold Seeker Weekly Wrap-Up: Gold and Silver End Mixed on the Week

Filed in Australian Gold, euro, Gold, Indonesian Gold, shares, spdr by on August 20, 2010 0 Comments

SPDR® Gold Shares. 1299.468. 41779209. US$51103m. London Stock Exchange (LSE) AND Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse ). Gold Bullion Securities. 125.96. 4049720. US$4969m …

Continue Reading »

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

Continue Reading »