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How does GLD work?

Submitted by speakthetruth on Fri, 02/29/2008 - 15:55
in

Can someone explain how the stock GLD really works? Is it just like any other stock? Or is something else? The reason I ask is that the spot price of gold is up right now but GLD is down. Thanks

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GLD is supposed to track

Submitted by tree_of_liberty on Fri, 02/29/2008 - 16:16.

GLD is supposed to track gold, and I see GLD as being way up.

Maybe there

Submitted by speakthetruth on Fri, 02/29/2008 - 16:20.

was a delay in my GLD quote.

It's all relative too...

Submitted by tree_of_liberty on Fri, 02/29/2008 - 16:38.

It's all relative too... possibly you were checking during one of today's dips.

use this

Submitted by e_goldstein on Fri, 02/29/2008 - 16:08.

http://www.gold.org/

check out the link for investor market intelligence.

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"the only thing that keeps the banking system from failing is general ignorance about how the banking system works."
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