Since March 2014 we observe the similar action concerning the gold price and gold inflows into GLD. Well, the consolidation phase in gold is still intact.
Saturday, August 9, 2014
Gold Inflows Into GLD Replicate The Gold Prices
Nothing special in gold. When we have the gold bull run the we should see gold inflows into GLD (sort of a fund acccumulating the physical gold). And the opposite. Let us look at the chart below:
Since March 2014 we observe the similar action concerning the gold price and gold inflows into GLD. Well, the consolidation phase in gold is still intact.
Since March 2014 we observe the similar action concerning the gold price and gold inflows into GLD. Well, the consolidation phase in gold is still intact.
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