streetTRACKS Gold Shares (GLD)

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All Comments on GLD

  • commenter
    Hamilton
    Jul 23 01:37 PM
    Wednesday Outlook: Commodities, Emerging Markets [view article]
    Well... Reply
  • commenter
    montyman
    Jul 23 12:55 PM
    Historic Financial Collapse Underway? [view article]
    testing
    Reply
  • commenter
    bowman711
    Jul 23 12:49 PM
    A Look at the Gold and Silver ETFs (Part I) [view article]
    dieuwer, Isn't there a Constitutional Amendment against the government taking property without fair compensation?

    I know it is easy to wonder if there even is a Constitution by the way gold is being manipulated by the (government backed?) bullion banks . . . but I don't think the Constitution has been completely suspended.     Reply
  • commenter
    lex
    Jul 23 12:39 PM
    Historic Financial Collapse Underway? [view article]
    where is the New Zealand immigration office................... might need to take a boat there...coz US$250/oil will ground all the planes. Reply
  • commenter
    Dixicat22
    Jul 23 11:55 AM
    If This Comes True, You'll Be Glad You Own Gold & Silver [view article]

    I'm not a "gold bug," "silver bug" or any other kind of fanatic, but I have built up a small pile all the same. Why? It's not because of all the negative financial intricacies artfully explained in article after article. It's because of facts on the ground. Or to put it more bluntly, the prices paid on the street for the essentials of life. Those I understand all too well. My wife and I are newly retired after more than 40 years each of high stress jobs that left us with small-modest pensions, health insurance and a bit in savings that is melting away, bit by bit. Our last trip to the grocery store rang up over $400. How do working people with children survive? How will their children survive? What will happen to all the retirees and the ever more unemployed, most of whom are not counted anymore. And this is America. This is not the time for more artful discussion. This is the time for answers that matter to people en masse. Hungry people don't give a damn about gold, silver, Swiss francs or anything else indigestable.     Reply
  • commenter
    The Old
    Wizard
    Jul 23 11:44 AM
    Historic Financial Collapse Underway? [view article]
    Bullionman, You should come to USA and see for yourself rather than believe all the bashers of the country. Over the last 10 years we've absorbed close to 1.2 million illegal immigrants/yr from latin america. If there are so many homeless on the streets, why do you think so many are risking everything to get in the country? You should look at Denmark, which prides itself on having no homeless on the street, but when Muslim immigrants reached 5% of the population, they closed the border. Illegal immigrants are now estimated to be close to 10% of our population and very few of these folks are homeless. Homelessness has less to do with imposed poverty and more to do with other factors. I, for one, after completing a trip through Northern Europe, am getting tired of hearing about how wonderful places these are, which have such low population density, largely homogenious ethnic population and have been recued by our money and the lives of many of our young twice in the 20th century and still live in the security blanket that this country provides them. Reply
  • commenter
    enviro111
    Jul 23 11:37 AM
    A Look at the Gold and Silver ETFs (Part I) [view article]
    I sell call options against my GLD shares. This generates a little income every month. I roll forward or backward to capture the short term time periods.

    My physical gold holdings cannot generate income. I view these as extremely long term asset holdings - maybe the rest of my life??

    I find once I have bought physical gold or silver, I find it is very difficult to sell it (there are very few coin dealers anymore). One must keep it long term just for convenience. The GLD ETF can be bought or sold regularly and conveniently.

    The real issue with gold ownership isn't storage (media likes to dwell on this and make it sound like a big, big deal - It isn't for most people).

    The media also likes to make it sound like gold is too volatile for most people - this is more bunk too. Based on long term standard deviations of price action, it is less volatile than most stocks.

    The media also likes to make it sound like gold transactions have huge spreads and commissions. Compared with most stocks this is certainly true. However, compared with other forms of tangible assets (real estate, art, collectibles, etc.) the spreads and the buy/sell convenience are quite low.     Reply
  • commenter
    secmaven
    Jul 23 11:36 AM
    Wednesday Outlook: Commodities, Emerging Markets [view article]
    Thanks, David, for another informative post. Compare Apple's earnings announcement with Wachovia's. Then compare the price action! Logic has never been a hallmark of the market of stocks or has it? The question is..who is left hanging around to sell banks stocks? The weak sisters have pretty much been shaken out. On the other hand there are ton of Apple shareholders in at much, much lower prices who are using every opportunity to lock up their gains before they grow smaller. Fear trumps greed every time. Reply
  • commenter
    Mark W.
    Jul 23 11:22 AM
    Wednesday Outlook: Commodities, Emerging Markets [view article]
    You comment about the XLF and the prior retracement higher, compared to the current one, omits one important difference: volume. Volume declined on the prior retracement higher, as would be expected of a bear flag. Volume on the recent move higher, no doubt fueled by government intervention, shows higher volume as price forms a bear flag. Reply
  • commenter
    J
    Fredrickson
    Jul 23 11:22 AM
    Wednesday Outlook: Commodities, Emerging Markets [view article]
    I want whatever Wall Street is having! There is something in the water out there. LSD?, PCP?, Ludes? Any other guesses? Reply
  • commenter
    iThinkBig
    Jul 23 11:21 AM
    My Website
    Global Price Increases Offer Several Investing Solutions for Inflation [view article]
    Good government leadership in Brazil, becoming great nation to invest in. It all starts at the top gentlemen. Reply
  • commenter
    ajhough
    Jul 23 10:56 AM
    Wall Street Breakfast: Must-Know News [view article]
    The wheels are off the cart and now the cart is going into the ditch. We have to deleverage this market and control the wild shorts and traders. Many people today have nothing but money in the market, no positions either in stocks or bonds. Reply
  • commenter
    DavyJ
    Jul 23 10:31 AM
    Global Price Increases Offer Several Investing Solutions for Inflation [view article]
    Something I've always wondered about.

    If gold is an inflation hedge and it is currently well below its inflation adjusted high, doesn't that mean that gold is not a good inflation hedge?
    Reply
  • commenter
    The Dark
    Knight 77
    Jul 23 10:25 AM
    Wall Street Breakfast: Must-Know News [view article]
    Well said !!! Reply
  • commenter
    kellertax
    Jul 23 10:16 AM
    Wednesday Outlook: Commodities, Emerging Markets [view article]
    Enjoy your work and, especially, your comments. Just noticed, though, some major discrepancies between your 200 day ma's and those posted by yahoo & several brokers. For example, you show GLD at 61.88. Yahoo charts it at 85.73 using yesterday's close. Why the difference? Reply

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