SPDR Gold Trust (GLD)

[optionslearner]

excellent Article jimmybob


I am a Bull on GOLD; However I can see your points in the article and see how it could lead one to be a Bear!....All your points are worth consideration and maybe your right; I still get left thinking about something very simple; That being WHY do Governments still aquire and hold GOLD as they would have considerable insight into its Future; Also WHY would Greenspan recently express his thoughts on GOLD in a somewhat Bullish nature considering his knowledge of Markets/Policy/etc...and Finally I think WHY is GOLD worth around $1200 now or even could go to $1000 or $800 if its value is not there?...To me given it could be worth even $800 leads me to believe it could be worth $5000...WHY would it have any worth at all; and If it does it is based on many variables that keep me thinking Bullish!....Only Time Will tell....Thanks as always for your input; It is something I always consider!!!

PS: Did you see what happened to those SPY calls I posted about before the FOMC meeting?