Tag Archive: GLD

Heavy Redemptions Show It’s Time to Buy

The herd mentality can be defined as the influence wielded by your peers when it comes to your behavior. In other words, it means that people can have a tendency to do something simply because “other people are doing it.” The recent selling in “paper” gold could be a great example of the herd mentality at work. According to at least one report, gold ETF GLD saw outflows of over $2 billion in the month of November. SPDR Gold Shares recently reportedly provided reserve data... Continue Reading