Watch list addition: GLD

Posted by Tim
August 23, 2007

As part of my on going effort to give this site some meaningful investment information, I have set up a page called Watch List. This is to be a list of securities, primarily ETFs, that can be observed to see market trends in specific industries or sectors.

Yesterday I added the company Silver Wheaton to the 20 Stock Portfolio, so I thought StreetTRACKS Gold Shares (GLD: 91.25 -1.14 -1.23%) would be an appropriate ETF to track results in the precious metals sector. The 3 and 6 month charts do not show a definite trend, but their definitely have been some good opportunities to buy in.

More on this topic (What's this?)
Finally, an addition to the GLD inventory (The Mess That Greenspan Made, 5/25/09)
Buy, Sell, or Hold: iShares SPDR Gold Trust ETF (Money Morning, 6/8/09)
Get Paid For Buying Gold (Hard Assets Investor, 5/22/09)
Read more on SPDR Gold Trust at Wikinvest
Growth, Watchlist

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Comments
Comment by Duane on August 24, 2007 @ 2:19 pm

Since you added SLW to you portfolio I would think SLV would have been added as a indicator of the silver market.

Comment by Tim on August 25, 2007 @ 3:38 am

I appreciate the comment. Will take a look at SLV. The watch list is primarily to look for trends in different sectors, so I figured GLD would be a good representative for the precious metals.

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