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Gold is on track for its best quarterly performance since 2010, up about 11% in Q3 as the Fed...

  • Friday, September 28, 2012, 2:25 PM ET
    Gold is on track for its best quarterly performance since 2010, up about 11% in Q3 as the Fed gets busy and the ECB threatens to. The moves - either by the central banks or the price, or a combination of both - have led to increased investor interest, as gold ETFs saw their biggest quarterly inflows in a year. GLD handily beats the surging SPY during Q3.
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This news story has 6 comments:

  •  
    This inflow to Gold ETF was noted by:
    Companies are upping Gold Forecast.
    - JP Morgan http://bit.ly/uIoywo
    - I Know First http://bit.ly/PLFmdY
    - Goldman Sachs http://bit.ly/R9tV4I
    Good Trading!
    28 Sep 2012, 02:40 PM Reply Like
  •  
    Price target for Q4?
    28 Sep 2012, 04:46 PM Reply Like
  •  
    Hard to say. Should be higher relative to the S&P though.

    Stagflation = PMs outperform almost everything else.
    28 Sep 2012, 04:57 PM Reply Like
  •  
    Gold is the universal currency, but silver and platinum have more industrial uses. At the moment, SLV's percentage rise during Sept. has eclipsed GLD's. So, Cramer notwithstanding (as usual, he's a gold bug), which metal makes the better investment, or should I also consider palladium in this context??
    28 Sep 2012, 07:48 PM Reply Like
  •  
    Right now the order is Silver, Platinum, Palladium, then Gold. Silver tends to be the most volatile though, so stay flexible.
    1 Oct 2012, 02:22 PM Reply Like
  •  
    GLD has gone up so fast to my opinion it would correct to USD1700 which should be a healthy one and then take off to 1820 and once again a correction to 1750 USD and then see USD 2000 - 2400.
    29 Sep 2012, 04:59 AM Reply Like
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