Thoughts on GLD? Many thinking going back to highs, others thinking back down to
850 or below...
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long GLD....i hope it goes lower. much, much lower....i can dream can't i?
1 months ago - Report Abuse
Owning one gold stock and one high quality financial is an effective way of
hedging risk.
I like GLD. Just not here...or now. I think it goes lower before it ultimately
goes higher. It is an inflation theme. I believe gold should be a part of
everyone's portfolio. But a "part" is not synonymous with
"overweight".
gold is a dead trade here,there is no panic anymore and massive inflation is a
log way away
To further expand on the issue. I do not understand why it did not rise in the
setting of the flu scare? Any ideas?
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