Wednesday, November 28, 2012

GLD – Gold ETF Technical Analysis Of 2 Rectangle Chart Pattern Scenarios

Courtesy of Mugabe via the Tischendorf Letter

by OLIVIER on NOVEMBER 21, 2012
Technical chart of the GLD – Gold ETF with the alternative rectangle pattern I mentioned in yesterday’s analysis. You can see the two scenarios I deem to be the most likely ones. I explain my reasoning why both are bullish set-ups in the short 2 min audio. Hope you enjoy the audio analysis!

GLD - Rectangle Chart Pattern Scenarios
Think fundamentally trade technically.
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  4. Audio Analysis – Technical Thoughts On Uranium – DNN, CCJ, UEX.TO, U.TO
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Found on Jesse's Cafe. It is only 3 minutes



Inside The SPDR Gold Trust: Q&A With Tim Coyne of State Street (GLD, IAU)

Jared Cummans: We recently had the opportunity to talk to Tim Coyne, Global Head of SPDR ETF Capital Markets Group, about the famed SPDR Gold Trust (NYSEARCA:GLD). Tim is responsible for sales and client relationships with SPDR ETF primary and secondary market participants in the United States, Europe, Middle East and Africa (EMEA), and APAC. These include authorized participants, electronic market makers, broker dealer institutional ETF market making desks, proprietary trading desks, domestic and international program trading desks, equity finance desks, high frequency trading firms, and U.S. stock exchanges and alternative trading systems. Tim manages the SPDR ETF U.S. sales effort to hedge funds and asset managers. He also holds FINRA Series 7 and 63 licenses [for more GLD news and analysis subscribe to our free newsletter].
Commodity HQ (cHQ): How do you counter the expense ratio differences in SPDR GOld Trust (NYSEARCA:GLD) and iShares Gold Trust (NYSEARCA:IAU)?
Tim Coyne (TC): We talk to clients about this quite frequently. GLD’s expense ratio is 40 basis points while IAU lowered its charges to 25 basis points about a year ago. They also conducted a ten-to-one split at the same time, so now IAU represents 1/100th the price of gold, while GLD represents 1/10th.