Buy, Sell or Hold: SPDR Gold ETF (GLD-N) — Stock Predictions at Stockchase

NYSEARCA:GLD

171.09

0.56 (0.33%) 1d

Showing 1 to 15 of 145 entries

SHORT

Gold bugs, trim your holdings. The gold price hit the top end of her trading range today, so either take profits or short it.

investment companies / funds

BUY

GLD is the most liquid and actively traded one. It is a good way to hold gold bullions. If you want a currency hedge, he would use CGL. Gold stocks look cheap versus gold bullion right now.

investment companies / funds

COMMENT

What to buy in gold? Gold as a commodity is enigmatic. Sometimes it behaves like a currency. Sometimes it trades in synch with the market, but historically is a haven during turbulence. In gold mining, there are far, far more bad companies than good compared to other industries. Be careful owning miners--there be strikes, labour problems, landslides. Look at GLD or buying the bullion. He prefers owning a royalty play. On a given day, some mining stocks will rise while others fall. Be conservative. Don't buy junior minors if you're a novice in gold.

investment companies / funds

BUY

He uses this ETF since it is the largest and most liquid. It doesn't have the lowest MER though.

investment companies / funds

TOP PICK

The Fed balance sheet is projected to double in size. They are creating money and monetizing debt and we are never going to come out of this. There is going to be an inflationary impact coming from the world. Supply chains will change. These things will change dynamically but push costs up. Gold will benefit from that for the next number of years.

investment companies / funds

COMMENT

Gold? He likes gold as a safe haven. He thinks it could head to $2000 per oz, especially if interest rates continue to fall. He prefers owning the GLD ETF -- why take unforseen operational risk? He also holds Kirkland Lake.

investment companies / funds

PAST TOP PICK

(A Top Pick Dec 04/19, Up 14%) Gold hit his $1,700/ounce target today so he's no longer excited by it--unless you think the virus will get much worse. This is a bet on rising volatility, and he doesn't know if that will happen. Rather, he expects a snapback or volatility to decline. Mid-Dec though February is seasonality for gold. The trend is still positive.

investment companies / funds

TOP PICK

He projects $1,700 gold. Dec.15-Feb.24 is GLD's seasonality. It's had a tremendous breakout and hasn't sold off much, which is a big positive. Also, the Chinese buy gold for Chinese New Year. Volatility from geopolitical fears like the UK election are another tailwind.

investment companies / funds

SELL

Precious Metals. Gold / Silver. He has held gold stocks a lot in the past and for a good part of this year. He then sold earlier in the year. His outlook is not good.

investment companies / funds

COMMENT

He uses it because it is the largest ETF to play gold bullion. There are others with less MER but he uses this one. The problem with India is that their currency has lost 5% per year and that is a problem.

investment companies / funds

COMMENT

XGD-T vs HEP-T vs GLD-N. XGD-T is global, primarily Canadian gold stocks. HEP-T is based on futures contracts, a more pure play. GLD-N holds physical gold. Not bullish on gold, but will trade it seasonally.

investment companies / funds

TOP PICK

It's a diversifier for an equity portfolio. Combination of lower rates and lower dollar means that gold will keep going. We can do 1600 on gold, just not sure of the timeframe.

investment companies / funds

COMMENT

He does not generally buy ETFs. Gold producers have a long history of messing up their own good fortune. There are often operational disconnects between the share price and bullion prices. He would prefer to play gold with GLD-N. He feels doing so creates a good hedge against other asset classes. If we head into recessionary pressures, holding GLD-N could play well. Don't hold more than 5-6% of your portfolio in gold.

investment companies / funds

DON'T BUY

DBO-N & GLD-N. Commodity-driven ETFs. They were very popular when the commodity super cycle was raging. A lot of them have been closed since then. You have to look at them from a speculative point of view when you value them. He sometimes includes them in special strategies. There is a low chance of a super-cycle emerging. They will be range bound.

investment companies / funds

DON'T BUY

Bullion exposure? He sees gold as money. He owns gold. The speculation will come from the producers. He buys Sprott and stays away from GLD. These are long term strategies.

investment companies / funds

Showing 1 to 15 of 145 entries

SPDR Gold ETF(GLD-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for SPDR Gold ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

SPDR Gold ETF(GLD-N) Frequently Asked Questions

What is SPDR Gold ETF stock symbol?

SPDR Gold ETF is a American stock, trading under the symbol GLD-N on the NYSE Arca (GLD). It is usually referred to as AMEX:GLD or GLD-N

Is SPDR Gold ETF a buy or a sell?

In the last year, 1 stock analyst published opinions about GLD-N. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for SPDR Gold ETF.

Is SPDR Gold ETF a good investment or a top pick?

SPDR Gold ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for SPDR Gold ETF.

Why is SPDR Gold ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is SPDR Gold ETF worth watching?

1 stock analyst on Stockchase covered SPDR Gold ETF In the last year. It is a trending stock that is worth watching.

What is SPDR Gold ETF stock price?

On 2022-01-21, SPDR Gold ETF (GLD-N) stock closed at a price of $171.09.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.