SPDR Gold ETF

GLD-N

NYSEARCA:GLD

167.16
0.58 (0.35%)

Analysis and Opinions about GLD-N

Signal
Opinion
Expert
Chart
TOP PICK
TOP PICK
February 20, 2019
It's not that she's wildly bullish on gold, but this is her hedge. Gold can perform well in a bunch of different scenarios such as a weak market, or a weak dollar, or if the US-China trade deal falls apart. Gold stocks have been very strong, which move ahead of the actual commodity. The central banks have all been buying gold.
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SPDR Gold ETF (GLD-N)
February 20, 2019
It's not that she's wildly bullish on gold, but this is her hedge. Gold can perform well in a bunch of different scenarios such as a weak market, or a weak dollar, or if the US-China trade deal falls apart. Gold stocks have been very strong, which move ahead of the actual commodity. The central banks have all been buying gold.
Veronika Hirsch
Price
$126.480
Owned
Yes
DON'T BUY
DON'T BUY
October 15, 2018

Between July - October, gold strengthens. But he's not a gold bug at all. It's dead money, and a tax issue in the States. If there's a strong USD, then why buy gold? Maybe, just maybe, play gold as a very short-term play, but no more than that.

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SPDR Gold ETF (GLD-N)
October 15, 2018

Between July - October, gold strengthens. But he's not a gold bug at all. It's dead money, and a tax issue in the States. If there's a strong USD, then why buy gold? Maybe, just maybe, play gold as a very short-term play, but no more than that.

John Hood
Price
$116.000
Owned
No
COMMENT
COMMENT
November 17, 2017

What influence does the US$ have on gold, and are the producers moving? There is a pretty strong correlation with the US $. When gold was strong, the dollar tends to be weak, and vice versa. At some point, all correlations kind of break. He expects to see some sort of bottom in bullion in December. The chart has been very choppy and has really been going nowhere, but some of the producers have been moving much higher. (See Top Picks.)

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SPDR Gold ETF (GLD-N)
November 17, 2017

What influence does the US$ have on gold, and are the producers moving? There is a pretty strong correlation with the US $. When gold was strong, the dollar tends to be weak, and vice versa. At some point, all correlations kind of break. He expects to see some sort of bottom in bullion in December. The chart has been very choppy and has really been going nowhere, but some of the producers have been moving much higher. (See Top Picks.)

BUY
BUY
August 25, 2017

It is in a longer term upward trend. Seasonal strength is from July to Mid-October. This year we have seen a nice little pickup. Technically it looks good as well. There is a good chance that we will see it break the $300 level by Mid-October.

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SPDR Gold ETF (GLD-N)
August 25, 2017

It is in a longer term upward trend. Seasonal strength is from July to Mid-October. This year we have seen a nice little pickup. Technically it looks good as well. There is a good chance that we will see it break the $300 level by Mid-October.

Don Vialoux
Price
$122.740
Owned
Yes
COMMENT
COMMENT
July 5, 2017

Gold through an ETF? The most popular way of doing this is through GLD-N, the big gold bullion ETF. If you are looking at buying underlying commodities, and you have a reason why you want to speculate on the commodity itself, don’t use an ETF structure. It is easier to use the futures market.

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Gold through an ETF? The most popular way of doing this is through GLD-N, the big gold bullion ETF. If you are looking at buying underlying commodities, and you have a reason why you want to speculate on the commodity itself, don’t use an ETF structure. It is easier to use the futures market.

Terry Shaunessy
Price
$116.520
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
June 5, 2017

(A Top Pick Oct 3/16. Down 3%.) You have to own gold all the time. It’s a form of currency and a proxy to the US$, which he thinks is bottoming out. Has reduced his gold exposure materially, but always has some on.

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(A Top Pick Oct 3/16. Down 3%.) You have to own gold all the time. It’s a form of currency and a proxy to the US$, which he thinks is bottoming out. Has reduced his gold exposure materially, but always has some on.

Jim McGovern
Price
$121.730
Owned
Yes
PAST TOP PICK
PAST TOP PICK
January 3, 2017

(A Top Pick June 1/16. Down 4.71%.) President elect Trump is behind this. Gold was having a great run. He believed it was going to try $1600 when it was trading at $1280. He likes gold in here, because he thinks the markets are going to cool off a little, and the oversold gold sector might have a nice little pull back up again.

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SPDR Gold ETF (GLD-N)
January 3, 2017

(A Top Pick June 1/16. Down 4.71%.) President elect Trump is behind this. Gold was having a great run. He believed it was going to try $1600 when it was trading at $1280. He likes gold in here, because he thinks the markets are going to cool off a little, and the oversold gold sector might have a nice little pull back up again.

Elliott Fishman
Price
$110.470
Owned
No
TOP PICK
TOP PICK
October 3, 2016

Gold had a pullback from $1350, and there was quite a bit of frothiness in the commodity itself in terms of the open interest. It is still quite elevated, but going into this quarter and the foreseeable future, this is something he just feels he has to own. He would typically trade gold through options. Feels this has to be a core in everybody’s portfolio.

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SPDR Gold ETF (GLD-N)
October 3, 2016

Gold had a pullback from $1350, and there was quite a bit of frothiness in the commodity itself in terms of the open interest. It is still quite elevated, but going into this quarter and the foreseeable future, this is something he just feels he has to own. He would typically trade gold through options. Feels this has to be a core in everybody’s portfolio.

Jim McGovern
Price
$125.320
Owned
Yes
DON'T BUY
DON'T BUY
August 4, 2016

A Gold ETF, but you can’t ever get the actual gold from it (take delivery of bullion). It is a legitimate concern, but not a realistic one. He only buys Gold ETFs as a trading vehicle.

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SPDR Gold ETF (GLD-N)
August 4, 2016

A Gold ETF, but you can’t ever get the actual gold from it (take delivery of bullion). It is a legitimate concern, but not a realistic one. He only buys Gold ETFs as a trading vehicle.

John Hood
Price
$129.870
Owned
Unknown
COMMENT
COMMENT
July 26, 2016

Gold? A one-year chart shows gold doing very well. Looking at Europe, Switzerland and Japan, which all have negative interest rates, large denomination banknotes are all out of circulation. Depositors are questioning why they should keep money in a bank. The alternative is to be buying gold. The 5-year chart shows a long downtrend from 2012 to the end of 2015 when it had a big break out, which is a bullish sign. He can see this going to around $145, and gold going to around $1440-$1500. To finish any big commodity cycle, you need to take out the high cost producers to shrink the supply. There are a large number of high cost producers in gold with costs around $1100. That sets the base for higher prices going forward.

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SPDR Gold ETF (GLD-N)
July 26, 2016

Gold? A one-year chart shows gold doing very well. Looking at Europe, Switzerland and Japan, which all have negative interest rates, large denomination banknotes are all out of circulation. Depositors are questioning why they should keep money in a bank. The alternative is to be buying gold. The 5-year chart shows a long downtrend from 2012 to the end of 2015 when it had a big break out, which is a bullish sign. He can see this going to around $145, and gold going to around $1440-$1500. To finish any big commodity cycle, you need to take out the high cost producers to shrink the supply. There are a large number of high cost producers in gold with costs around $1100. That sets the base for higher prices going forward.

William Chin
Price
$126.000
Owned
Unknown
COMMENT
COMMENT
June 15, 2016

This basically tracks gold. He views gold as a complement to an asset class. If a client of his is looking for some insurance, and wants to protect against extreme outlier events, then a component of gold is something he would not argue against. The statistical likelihood of an outlier event occurring would lead you to only buy a small amount.

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SPDR Gold ETF (GLD-N)
June 15, 2016

This basically tracks gold. He views gold as a complement to an asset class. If a client of his is looking for some insurance, and wants to protect against extreme outlier events, then a component of gold is something he would not argue against. The statistical likelihood of an outlier event occurring would lead you to only buy a small amount.

Gordon Reid
Price
$123.680
Owned
Unknown
COMMENT
COMMENT
June 13, 2016

What is really moving gold right now is whether the US Federal Reserve is going to raise rates or not. That makes this very large asset class of US treasuries more attractive as well as the US$ and its strength. Because she is not expecting an interest rate hike until September, gold is a fairly safe place for the next 2 months, but not after that. When they start talking about raising rates in September, that is the time when you should be out.

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SPDR Gold ETF (GLD-N)
June 13, 2016

What is really moving gold right now is whether the US Federal Reserve is going to raise rates or not. That makes this very large asset class of US treasuries more attractive as well as the US$ and its strength. Because she is not expecting an interest rate hike until September, gold is a fairly safe place for the next 2 months, but not after that. When they start talking about raising rates in September, that is the time when you should be out.

Erin Gibbs
Price
$122.640
Owned
Unknown
TOP PICK
TOP PICK
June 1, 2016

The only reason he picked an ETF rather than a gold stock is that sometimes they don’t go in tandem. He likes gold, and if he thinks it is only going to go up to $1400, this one could get back up to $125-$130 very, very quickly, while a Barrick (ABX-T) or a Goldcorp (G-T) might not do very much.

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The only reason he picked an ETF rather than a gold stock is that sometimes they don’t go in tandem. He likes gold, and if he thinks it is only going to go up to $1400, this one could get back up to $125-$130 very, very quickly, while a Barrick (ABX-T) or a Goldcorp (G-T) might not do very much.

Elliott Fishman
Price
$115.940
Owned
Yes
SELL STRENGTH
SELL STRENGTH
May 16, 2016

Not good in the short run. A lot of money has rushed in and he thinks the risk is back to $1200 before we go higher. Sell into strength.

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Not good in the short run. A lot of money has rushed in and he thinks the risk is back to $1200 before we go higher. Sell into strength.

BUY
BUY
July 27, 2015

He has a 25% position in gold in his trading portfolio. He uses an ETF that is currency edged. There is potential for a bounce here. He does not think China will bring down the gold market. Gold stocks will bounce more than bullion when it recovers.

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SPDR Gold ETF (GLD-N)
July 27, 2015

He has a 25% position in gold in his trading portfolio. He uses an ETF that is currency edged. There is potential for a bounce here. He does not think China will bring down the gold market. Gold stocks will bounce more than bullion when it recovers.

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