What Say You on Fiat Currencies?
- Posted by chicagosean
- on July 12th, 2011
Everyone’s got an opinion on the future of Fiat currencies. What opinion does this 8 year monthly chart of $GLD have?
Some thoughts from the StockTwits Community:
blackbetty: dont think the gold bugs have alot of faith in Ben $GLD
Sliver: Gold will hit $1600 this year if Europe croaks or will it? $GLD running the upper levels until….
cutyourlosses $GLD making new highs and breaking out today. Money coming out of Europe into gold and U.S. dollar.
ldrogen: $GLD still says we and or the ECB ain’t done printing money, not by a mile.
My name is Sean McLaughlin and I trade my own account from my home office on the Northside of Chicago, IL. I’ve worked at prop firms, started and ran a small hedge fund, was a member of the Chicago Board of Trade, and have learned – the hard way – to seek simpler ways of trading, investing, and living.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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