Chart of the gold ETF-GLD . GLD chart is courtesy of
FINVIZ.com. Gold's done nothing for a few years. It collapsed this year as the world political and economic situation seemed to settle down. Its now locked in the trading range shown on the chart above. I own a little gold for a select few clients and am probably not a seller because of its hedging properties but I can't figure out why I'd want to buy more of this right now.
*Long GLD in certain client accounts.
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