The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
10 pts

Opinion on  streetTRACKS Gold (GLD)     Sector: Financial  >  Industry: Misc. Financial Services
Inflation and Interest rate hedge

Mar 31, 2008 05:44 PM GMT
Return Risk
+2.63% MID
Jr. Analyst

While GLD has stumbled since late January, there is ample reason to be long through the remainder of this year.  The credit crunch and the price of oil have cast a pessimistic pall over the market and inflationary concerns are cropping up.  In this type of economy, GLD not only will hedge your portfolio, but you'll see a significant gain.  It wouldn't be unreasonable to see GLD hit $200 at some point over the next 18 months.


GLD:  This call was made on 03/31/08 @ $90.59
Rating:   Positive   $90.59 (03/31/08)
Gain/Loss:   +28.73% in 611 days


Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 noshoes 21.10 +34.25% 381
2 Gerald Greene 18.14 +72.34% 210
3 stockmarketfunding.com 17.66 +25.65% 55
4 akiralegrand 13.47 +14.32% 62
5 anup2104 12.13 +76.91% 39


POPULAR STOCKS
Symbol Company Name Sentiment
WFC Wells Fargo & Company
SIRI Sirius Satellite Radio Inc
KO The CocaCola Company
AMD Advanced Micro Devices Inc
MA MasterCard Inc
BIDU Baiducom Inc ADS

TODAY'S HEADLINES

TODAY'S TOP PICKS

 
streetTRACKS Gold (GLD)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
73.0%
Top:
81.5%




Latest Picks by Aaron Day
Symbol SP Sentiment Rating Return Since
VMW Negative -11.09% 07/17/08
HK Positive -44.08% 06/27/08
IPI Positive -51.41% 06/27/08
RIMM Negative +49.96% 06/27/08
MER Negative +71.51% 03/31/08

View All >
   




IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch