John Hood iShares COMEX Gold ETF IGT-T COMMENT Jul 30, 2010

Gold ETF. Caller wanted bullion but something other than the HBP Bullion Bull+ ETF (HBU-T). This used to be 1/10th of the bullion price but has been changed to 1/100th.

John Hood

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This is basically buying gold in Cdn $’s. The charge shows a nice upward trend with support around $75.

COMMENT

This is a play on gold, so you have to be bullish on gold. He is not particularly.

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Watching for the entry point, watching the Canadian dollar.

COMMENT

iShares Gold Bullion (CGL-T) or iShares Comex Gold (IGT-T)? CGL probably meets your needs, however he thinks it is too early for gold.

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John Hood iShares COMEX Gold ETF IGT-T COMMENT Jul 30, 2010

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