Last Chance to Buy Gold ETF

By Sam Collins,

Shutterstock photo

SPDR Gold Trust (NYSE: GLD ) - This exchange-traded fund ( ETF ) seeks to mirror the price of gold bullion.

As early as April 9, 2009 , I targeted GLD at over $125. And early this year, I said , "The target of $125 could turn out to be low, but I'll continue to cover it here and advise you if there are changes."

Last month, I said , "We will now revise that target to $130 with the possibility of even higher prices later this year."

In such trying times, investors usually flock to gold, and now may be the final opportunity to buy it before a quick run to our target.

GLD Stock Chart

Chart Legend

30 Dead Dividend Stocks to Sell
Every one of these stocks carries a huge risk of cutting or even completely eliminating their cash dividends. Sell these 30 losers now - and buy the six top picks that are handing investors huge, safe dividend payments instead. Get their names online here.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing Stocks
Referenced Stocks: ETF

More from Sam Collins


Sam Collins

Sam Collins

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by