(See LINK to prior article.)
The message of that June 9, 2011 post was: risk off. And so it came to pass that stocks collapsed shortly thereafter, and industrial commodities suffered bear markets. Since then we know what’s happened to global economies and stock markets. What most don’t realize is how weak the U.S. stock market [...]
On Sept. 25, I posted “Gold on Hold; the New Play May Be in Munis”. In it, I referred back to my Sept. 19 comment that the price of gold might be vulnerable. The prices for GLD on 9/19 and 9/25 were $173 and $160 respectively. It’s now at $155, so those were both good [...]
This is an interview with Jason Toussaint of the World Gold Council which sponsors GLD. He discusses what he feels are the important market indicators for gold.
This is a peek inside the secret location of GLD’s gold vaults. Looks like a lot of gold to me.
Bob Pisani of CNBC is doing a series on gold that is fun to watch. This is the first of the series that deals with the “Gold Rush.” It takes you to Johannesburg and back to Ron Paul.