Friday, September 12, 2008

Gold Could Plunge as SPDR Gold Trust (GLD) Dumps Supply

The SPDR Gold Trust (NYSE:GLD) ETF, the world’s largest gold ETF, sold over 90 tons of the metal in two months. When the biggest buyer of gold becomes the biggest seller, J. Christoph Amberger says the chances of a rally in the near future look decidedly slim.

read more | digg story

No comments:

12-22-2025

  CBS News chief Bari Weiss pulls '60 Minutes' story, sparking outcry Trump removes nearly 30 career diplomats from ambassadorial po...