Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Gold's recent breather is a healthy one, says Ned Davis' Neil Leeson, as investors had gotten to...

  • Friday, October 12, 2012, 11:28 AM ET
    Gold's recent breather is a healthy one, says Ned Davis' Neil Leeson, as investors had gotten to optimistic on the metal following a big summer rally topped off with the Fed's QE∞ announcement. The giant GLD had inflows of 4% of AUM in the last month, and the smaller IAU a near 7% bump.
Track new comments on this story

This news story has 5 comments:

  •  
    GLD call sellers have made a fortune in the last month.
    12 Oct 2012, 11:34 AM Reply Like
  •  
    Yes we did,bu I am still not selling.
    12 Oct 2012, 01:08 PM Reply Like
  •  
    Be patient and wait for a coming entry
    12 Oct 2012, 05:57 PM Reply Like
  •  
    Gold's gotten "ahead of itself", but the Leeson says investors should hold their position. Hmmmmm, I would think he'd be saying take profits and wait for re-entry after correction?
    12 Oct 2012, 07:35 PM Reply Like
  •  
    Gold will be priceless very soon. and don't forget about the little sister..SILVER!!!
    12 Oct 2012, 08:05 PM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)
Latest Commodities Articles
More Latest Articles »