David Fry writes a subscription newsletter focused on technical analysis of exchange-traded funds, called ETF Digest (www.etfdigest.com). Dave founded the ETF Digest in 2001 and was among the very first to see the need for a publication that provided individual investors with information and... More
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Gold Breaks Above A Major Trendline 0 comments
With the Central Bank of the United States, better known as the Federal Reserve, making its announcement to keep interest rates low through 2014, gold is going to get some attention.
Many people believe gold is a risky investment if interest rates start to rise, since the metal pays no dividends. In that school of thought, Wednesday's actions by the Fed should be seen as bullish for fundamental reasons.
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