Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / AAAU - Short-Term Case For Gold Weak; Long-Term Compelling


AAAU - Short-Term Case For Gold Weak; Long-Term Compelling

Back in September of last year, I wrote an article suggesting that the move higher in gold over the summer was a false one and that the price of gold should begin to move lower.

The basis of this argument was that wages were rising strong while commodities like food and energy were still going down, making fears about inflation weak.

Here is a one-year chart of gold via the SPDR Gold Trust ETF (GLD), which more or less tracks the price of gold:

After rising throughout the summer of 2019, gold prices tended to

Read more ...

Stock Information

Company Name: Goldman Sachs Physical Gold ETF
Stock Symbol: AAAU
Market: NYSE

Menu

AAAU AAAU Quote AAAU Short AAAU News AAAU Articles AAAU Message Board
Get AAAU Alerts

News, Short Squeeze, Breakout and More Instantly...