Tuesday’s ETF To Watch: SPDR Gold Trust (GLD)
Posted on May 15, 2012 at 04:00 AM EDT
Stocks started off the week on the wrong foot yesterday, as more euro worries forced major benchmarks to stumble out of the gate. The first quarter of the year was generally positive, but that momentum has shifted for the worse in recent weeks as investors and analysts have begun to worry about our economic future not only in the U.S. but for many nations around the world. But while equities have been having some trouble finding their footing, a number of commodities have been stuck in a similar rut, namely, gold [see also Three Reasons Why Gold Is Overvalued].After a monster performance in 2009 and 2010, gold quickly became an investor favorite as the precious metal could be used as a safe haven and a speculative tool. But the asset saw a slowdown in 2011 and has hit a wall in 2012. Though gold started off the year with gains, [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Beware Of Bargain Shopping Have Gold ETFs Lost Their Luster? Wednesday’s ETF Chart To Watch: SPDR Gold Trust (GLD) Which Fundamentals Are Driving Gold ETFs? The Best Gold ETF…Isn’t An ETF
Stocks started off the week on the wrong foot yesterday, as more euro worries forced major benchmarks to stumble out of the gate. The first quarter of the year was generally positive, but that momentum has shifted for the worse in recent weeks as investors and analysts have begun to worry about our economic future not only in the U.S. but for many nations around the world. But while equities have been having some trouble finding their footing, a number of commodities have been stuck in a similar rut, namely, gold [see also Three Reasons Why Gold Is Overvalued].After a monster performance in 2009 and 2010, gold quickly became an investor favorite as the precious metal could be used as a safe haven and a speculative tool. But the asset saw a slowdown in 2011 and has hit a wall in 2012. Though gold started off the year with gains, [...]

Click here to read the original article on ETFdb.com.

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