Commodity Trade Mantra

Posts Tagged ‘GLD SPDR Gold Shares’

Renewed Buying in Gold Futures & GLD Shares Fuelling Gold's Next Upleg

With gold futures speculators’ collective bets no longer excessively bullish and holding back gold, that paves the way for major investment buying to resume. Meanwhile American stock investors have resumed heavy buying of GLD shares again, fueling this ETF’s big early-quarter holdings build equalling Q1’16’s massive jump that ignited gold’s young new bull.

Gold Futures Traders Breath Easy as Dovish Fed Powers the Next Major Rally

Gold futures surged after the Fed again chickened out on raising its benchmark interest rate. Gold futures speculators’ fear of Fed rate hikes has been a major drag on gold. Rate-hike risks just plummeted in the coming months, since the Fed can’t risk acting heading into the critical US presidential election. Gold’s next major upleg is likely just unleashed by the Fed.

Gold Holds Massive Gains Despite An Incredible Stock Market Rally

Gold has managed to hold its massive gains despite an incredible stock-market rally, which can really sap gold investment demand. Gold investment demand will explode again as stock markets inevitably roll over and head lower again. Nothing fuels gold investment demand like bear markets in stocks. The stock-market bear and gold’s new bull have only barely begun.

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