Tag: nyse:gld
Gold drops… let’s do it again!
Published on June 5, 2009
Gold investors are taking it on the chin today. But that’s okay. It is giving us an opportunity to rack up even more profits. We took gains of 20% earlier in the week and now the market is setting us up for another round of profits.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): The gold markets [...]
The gold debate heats up
Published on December 15, 2008
Gold investors are bidding up the value of the precious metal. As the dollar shows weakness and interest rates drop, gold’s demand is on the rise. The question is, how long will bulls remain in charge? The bears are already sharpening their claws.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): The old saying that cash is [...]
Porsche-engineered VW hedge fund massacre signals next leg in commodities rout!
Published on October 31, 2008
Stock markets are in violent flux. Safe-haven currencies are melting down. And Porsche punters just put hedge fund managers on notice: There is now massive pressure on funds to liquidate assets. Investors are piling into gold. But one top financial expert warns:
“Oil at $50… Gold at $500: This Crisis will affect ALL asset classes!” Here’s how to protect your portfolio… and DOUBLE OR EVEN TRIPLE your money. But you need to act before December 1!
Gold price shocker: Oil-to-gold ratio now puts gold price at $550!
Published on October 22, 2008
“Oil at $50… Gold at $500: This Crisis will affect ALL asset classes!” — Here’s how to protect your portfolio… and double or even triple your money in the coming, merciless commodities sell-off!
Shocking Forecast: Oil-to-gold ratio now puts gold’s downside at $500… even $375 an ounce!
Published on October 17, 2008
Oil has lost over 50% — or $70 dollars per barrel — in four months. Could it lose another $20? What could that mean for gold? Let’s do the math: Oil at $50, applying the 7.5:1 ratio, leaves us with $375 per ounce of gold. A bit more than half of today’s post-plunge value.
Gold and oil price collapse: Commodities Crash 2008
Published on September 15, 2008
As the dollar strengthens and global economies stumble, commodities have come crashing down from record highs. Major resource holders have become top sellers of their holdings. What’s an investor to do?
SPDR Gold Trust (GLD) is selling mass quantities of gold — maybe you should, too
Published on September 10, 2008
SPDR Gold Trust (NYSE:GLD), the world’s largest gold-backed ETF, has sold more than 79 tons of gold in two months. That’s the equivalent of Australia’s total reserves. With a former net buyer turning into a seller, what do you think the chances for a renewed gold boom are?
Crude oil down… gold hammered: Is this the commodities endgame?
Published on September 10, 2008
Crude oil prices are a hurricane stand-down away from breaking through $100… gold is about to hit $750… and SPDR Gold Trust (NYSE:GLD) is going to the dogs! What should you do as the commodities boom crumbles?
by J. Christoph Amberger
Baltimore — (TFN): These days, I watch my stock portfolio with a sense of pain [...]
Gold Price Plunges: You might as well hold stocks
Published on August 5, 2008
Gold is behaving just like the speculative commodity it is. Just like oil — whose realistic and immediate upside is $150, $200, $500, depending on who you ask and which plummeted $30 in the last two weeks — gold is hitting the skids right now: Today, gold for December delivery fell to $895.50, down $12.40.