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: 82.18 +0.82 +1.01%) 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.

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.