About three weeks ago, I wrote about gold, specifically, the SPDR Gold Trust, GLD, where I referenced one of last year’s best-performing hedge funds was saying to buy gold as the “trade of the century.”
Gold…The “Trade Of The Century”
But I cautioned to wait because the chart was suggesting to wait until price broke the monthly supply first…and with good reasons based on an article I came across today.
A week ago investors were yanking money out of gold exchange-traded funds as hints of improving global growth and surging stocks lure them into riskier assets. The largest fund in the space, the
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