KenyaInvestor

Bearish Sentiment in the Gold, Stock and Commodity Markets

I think you'll continue to see strong support for gold at $875/OZ because that's when Cramer says buy. At some point, Cramer may ditch his "buy slow" philosophy and tell everyone to get in.

The obvious reason for the premium of GTU over GLD is that GTU actually owns physical gold. GLD owns paper claims to physical gold. Personally, I prefer gold American Eagles, but to each his own. But the Eagles come at a cheaper premium than GTU.

Word on the street is that the supply of gold coins is drying up.