Thinking About Joining the Gold Rush?

The latest Gold Rush made history yesterday when the SPDR Gold Shares ETF, Ticker GLD, passed the SPDR S&P 500 ETF in value. Both funds are managed by State Street Corp. As fearful investors sell stocks and invest heavily in the precious metal, GLD climbed to a total value of $77.5 billion to the SPY at $76.7 billion. The Wall Street Journal provided an excellent article yesterday “Gold Reigns even on the Stock Market”. What do you own when you buy gold? Read more »