Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Gold Is Telling Us That Money Is Being Printed

The SPDR Gold Shares(NYSE:GLD) continue to climb higher this morning by 0.66 cents to $124.59. The popular GLD will have intra-day resistance around the $124.75 - $125.00 level. Gold miners are all moving higher as well this morning. The Market Vectors Gold Miners ETF(NYSE:GDX) is trading higher by 0.81 cents to $55.45. Other leading gold mining stocks that are rallying higher are Randgold Resources LTD.(NASDAQ:GOLD), and Yamana Gold Inc.(NYSE:AUY). It is important to note as long as central banks around the world and in the United States continue to print money in order to support the stock markets gold is expected to trade higher.