Welcome new reader!

Financial news I consider important, with my opinion, which is worth as much as you paid for it.
Please click HERE to read a synopsis of my view of the financial situation.

Monday, April 20, 2009

Gold and Gold Miners, trend

Quick look at Gold and Gold Miners. I am still a HUGE backer of gold/gold miners in the next 3+ years. But in the near term I remain cautious. Take a look at gold and ETF GDX for gold miners on recent price action. Both have broken to the downside on trend.

Gold (GLD)
From WebSurfinMurf's Financial Blog

GDX (Gold Miners)
From WebSurfinMurf's Financial Blog

No comments:

Post a Comment