
Opinions
Joe Terranova
SPDR Gold ETF
GLD-N
SELL
Jun 21, 2023
$179.575
Stock price when the opinion was issued
investment companies
funds
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He sold half in May as yield began to rise, and sold the rest today as GLD broke below the 100-day moving average, last seen in fall 2022. You want to own at least some gold now with the deflationary effect (from March's regional bank crisis). He may step back into this for the long term.