I really like the action in GLD. A few months ago there was a media frenzy regarding gold, but the frenzy subsided as other issues stole headlines - BANK STRESS TESTS. Gold has quietly broke above its base at 860 and is now above its 200, 50, & 20 day ma., on a clear uptrend. I will hold until the uptrend is violated, which I hope doesn't happen until north of 1000.
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