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Marvin R Clark is Managing Principal and Chief Economist and Strategist for Monsoon Wealth Management, LLC, an investment advisory firm that provides financial management advice to select private wealth clients and small businesses. He consults regularly with clientele and business executives on... More
My business:
Monsoon Wealth Management
My blog:
Fixed Income Daily
  • Gold is breaking out 0 comments
    Oct 6, 2009 08:55 AM | about stocks: GLD, GDX
    The price of Gold is nearing its breakout point. 
    The catalyst was a report in The Independent newspaper in London that Gulf Arab states, along with China, Russia, Japan and France, had held secret meetings to consider using a basket of currencies to trade oil instead of the US currency.

    Disclosure: No positions
    Themes: gold Stocks: GLD, GDX
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