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ProShares UltraShort Gold

  • Time To Short Gold

    By Callum Turcan - May 22, 2013 | Tickers: ABX, GG, GLL, GLD

    I was wrong, I admit it. A while ago I wrote a post about how central bank demand would push gold higher. Instead, lower CPI numbers and other factors have pushed gold prices below $1,400 and caused numerous investment banks to revise their estimates downward. Credit Suisse sees gold heading to $1,100 an ounce by the end of the year, due to decelerating inflation and the global economy more »

  • Buying And Selling Gold At The Right Time. Has Gold Topped? Part 4

    By Brett Marsh - January 18, 2012 | Tickers: GLL, GLD

    Putting it all together-Is this a bear market rally?

    We broke through support only to reverse and close the week back above the 3 year long term trend line and Sept 2010 base.  These types of reversals at major support zones with long tails breaking through are actually decent buying opportunities since they indicate short term support.  There are at least 2 reasons for this: #1 these levels are watched more »

  • Buying and Selling Gold at the Right Time - Has Gold Topped? Part 3

    By Brett Marsh - January 18, 2012 | Tickers: GLL, GLD

    Is GLD Finding Support Or Bear Market Rally?

    In our first piece on GLD we examined how buying GLD based on fundamentals or by using an investment theme alone can lead to huge draw downs in your account of 20%-50%. Using this type of analysis may be right in the long run, but terrible for timing your entries and exits.  In our second article we examined how to time more »

  • Tracking the Gold Funds

    By Brad Hessel - January 6, 2012 | Tickers: DGL, GLL, GLD, PHYS

    If you are in the market for a paper investment in gold, there are several factors you may want to take into account in choosing among the many available investment vehicles: fund expense ratio, premium over the NAV, tax issues, who holds the physical gold underlying the fund, who audits those holdings, where they are located, and the potential for convertability of your shares in to physical gold, to name more »

  • Buying And Selling Gold At The Right Time. Has Gold Topped? Part 2

    By Brett Marsh - December 30, 2011 | Tickers: FCX, GLL, GLD

    Now let’s looks take a look at where we are today in GLD.  Over the past 2½ years we have pointed out several nice opportunities to buy GLD based on our own technical analysis.  We pointed out setups in Sept of 2009 and February of 2010 which ran as much as 91% and 76%.  Our next entry was in December of 2010 which also ran as much as 35 more »

  • Buying And Selling Gold At The Right Time? Has Gold Topped Part 1

    By Brett Marsh - December 30, 2011 | Tickers: FCX, GLL, GLD

    Is GOLD Topping Part 1

    It’s no secret gold has become one of the most consistently profitable trades of the past decade, but is this run is finally coming to an end?  From a technical standpoint it looks like the run could be over.

    One could sit and cycle through hundreds of opinions on why gold is a solid investment, why gold is fundamentally undervalued or even opinions that more »

  • Fool’s Gold

    By Justin Carley - December 16, 2011 | Tickers: GLL, GLD

    Add gold to diversify, ProShares UltraShort Gold ETF (NYSE:GLL) that is.  You might be shaky your head and thinking gold is a lock to go up because it is either a safe haven if we enter a recession or we print to save the world and gold skyrockets.  So it is a win-win.  That is what everyone is thinking, albeit incorrectly, and exactly why you should do the opposite.  Going with the crowd is not always a bad idea, but when you combine it with technical analysis that shows gold breaking down, you have a big problem.