streetTRACKS Gold Shares (GLD)

All Comments on GLD

  • commenter
    Jul 17 08:29 AM
    My Website
    The S&P 500 Hits the 1200 Target. Now What? [view article]
    I was so busy moving my own portfolio into GLD, SLV and some select ETF's, I had forgotten about managing my folks retirement account... Safe as it seems in a tax free municipal bond, there will be no growth to speak of as rising inflation wipes out any gains. This morning I move them into a 40% GLD and SLV position long.

    Charts mean nothing to the man on the street standing in line at their banks wondering if they will be able to get their money out, or the shoppers at Sam's and Costco loading up on supplies that they know will cost more in 3,6,12 months down the road. The truth is, the masses are the charts. You can "intraday" and graph all you like but at some point one need only look out the window to see the blood in the streets....
    Reply
  • commenter
    Jul 17 07:51 AM
    Thursday Market: Commodities, Emerging Markets [view article]
    David,sometimes I don't get your lines either,but you do all my work for me,so no complaints.Good call on yesterdays action,you're the best.. Reply
  • commenter
    Jul 17 07:46 AM
    Thursday Market: Commodities, Emerging Markets [view article]
    Interesting that as demand destruction continuesthat might actually cool commodity inflation, and since inflation is generally a lagging indicator, this might actually portend LOWER interest rates. Would a raise by the Fed this fall be inappropriate? I'd been thinking that the raise would result in almost a shift UP in the interest rate curve across maturities, but now I'm not so sure, I'm wondering if it the long end will actually stay flat or decline if we do wind up with deflation instead of stagflation. Reply
  • commenter
    Jul 17 06:13 AM
    Thursday Market: Commodities, Emerging Markets [view article]
    The Fed is there to feed JP Morgan when JP gets asset hungry in bear markets. Reply
  • commenter
    Jul 17 05:46 AM
    Thursday Market: Commodities, Emerging Markets [view article]
    David, I enjoy your column, but could you explain what you look at to draw your support and resistance lines? I draw mine using prior swing highs and lows. Yours seem to be based on other criteria. /Thanks Reply
  • commenter
    Jul 17 05:44 AM
    Thursday Market: Commodities, Emerging Markets [view article]
    David, Can you explain what you're looking at in drawing your support and resistance lines? They don't correlate to how I draw mine, based on previous swing highs and lows. Reply
  • commenter
    Jul 17 05:28 AM
    Investing in Currency ETFs: Irony of the 'Bail-Out' Mentality [view article]
    check out fxa-aussie currency etf-yields over 6 percent. Reply
  • commenter
    Jul 17 05:05 AM
    Why Oil Tripped as Fannie & Freddie Survived [view article]
    So - How do we know for sure a politician is lying? Is it that by definition that is always the case? Reply
  • commenter
    Jul 17 04:09 AM
    Gold to Replicate Oil's Parabolic Move; 30-yr Treasury Yields to Soar [view article]
    I cannot believe ANY financial adviser would be so inept as to think that US inflation is around 4%. You must smoke the same weed as Al Gore.
    Regards.
    Reply
  • commenter
    Jul 17 03:33 AM
    The Best Safe-Haven Investments, and Some Potential Threats [view article]
    did not know seeking alpha was that desperate for a story, I will have my dog and cat write a story and send in as well, I am sure they will do no worse than this fool. Reply
  • commenter
    Jul 17 01:31 AM
    Why Bother with SPDR Gold Shares Options? [view article]
    Good to know. Makes an even better argument.
    Thanks.
    Reply
  • commenter
    Jul 17 01:14 AM
    My Website
    Wednesday Outlook: Commodities, Emerging Markets [view article]
    Gotta love Bunning...! Reply
  • commenter
    Jul 17 12:14 AM
    My Website
    The Best Safe-Haven Investments, and Some Potential Threats [view article]
    Have a look at how they have ticked up the last trade of PAL at the market close, FIVE DAYS IN A ROW. It's getting interesting why some one would do that!

    goldismoney.info/forum...
    Reply
  • commenter
    Jul 17 12:06 AM
    My Website
    Why Bother with SPDR Gold Shares Options? [view article]
    Mark -

    Gains or losses on LEAPS positions, regardless of the underlying asset, are treated as capital assets: a holding period in excess of 12 months entitles a long to a long-term capital gain or loss.
    Reply
  • commenter
    Jul 17 12:00 AM
    Investing in Currency ETFs: Irony of the 'Bail-Out' Mentality [view article]
    CYB pays the money market rate available in China to a foreign investor. Does anyone know what that rate currently is?

    On a seperate note, I thought the Yuan/Renminbi was linked to a basked of currencies one of which is the $USD. Wasn't this change made a couple of years ago?
    Reply

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