Gold, Bears, and Peanut Butter

IMG Auteur
Published : September 13th, 2011
203 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : Opinions and Analysis

 

 

 

 

[This item popped up in the "Likely Related, Automatically Generated" section at the bottom of the last post and I just couldn't resist putting it back up. It originally appeared here on July 28th, 2010 and, after watching it again, we've decided to leave the peanut butter at home. By the way, I went back and looked and, on July 28th last year, the gold price closed at $1,157 an ounce, the final low before beginning its big "QE2" move higher.]


ooo


After today’s exodus of another 18 tonnes of gold bars from the SPDR Gold Shares ETF (NYSE:GLD), another graphic showing the latest damage to the “tonnes in the trustmight have seemed like the right thing to hoist up late in the afternoon, but there’s a much more important threat deserving of attention – BEARS!


http://www.reuters.com/resources_v2/flash/vid...=125835833&


In addition to the above story from Colorado, not far from here the other day in Glacier Park, Jack Hannah fought off a grizzly bear as detailed in this ABC News target="_blank" report, all of which might have us visiting the local sporting goods store to buy some bear spray before our next hike.


Full Disclosure: Long GLD, no position in bears or peanut butter.














 

 















<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
WebsiteSubscribe to his services
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.