Gold Market Update GLD Gold SPDR Trust Technical Analysis

Date: 8/16/2012

Gold Market Update GLD Gold SPDR Trust Technical Analysis (VIDEO). Gold has been a great investment over the last decade, but the precious metal has fallen from its 2011 all-time high of nearly $1,900 an ounce in recent months.

The trajectory for gold could change very soon, says Chris Martenson, CEO & co-founder of Peak Prosperity and a long-time gold bug. He believes the price of gold, which is currently trading at $1600 an ounce, could head much higher. We're also seeing Paulson and Soros accumulating Gold.

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