Gold & Gold Miners

SPDR Gold Trust Shs ETF

Macro


Presented:10/19/2015
Price:112.73
Cap:N/A
Current Price:$245.92
Cap:N/A

Presented

Date10/19/2015
Price112.73
Market CapN/A
Ent ValueN/A
P/E RatioN/A
Book ValueN/A
Div Yield0%
Shares O/SN/A
Ave Daily Vol6,639,778
Short IntN/A

Current

Price$245.92
Market CapN/A

Gold & Gold Miners

SPDR Gold Trust (GLD) / Market Vectors Gold Miners ETF (GDX): “Hard to be Long”

Highlights

The group discussed gold as an asset class and said it seems as though “nobody has been thinking about it.” In 2008, gold became alpha generative, but it has since been “very” out of favor. Generally, they have seen/ heard little discussion about gold over the past two years. Only more recently have a relatively small number of high profile hedge fund investors taken positions in the yellow metal. However, this positioning may be more about their view on rates than an affinity for gold itself.

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Idea Discussion

Commentor 1 - 2 weeks ago

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