The Bottom Could be in for Gold ETFs

“Again, there are many bullish signs popping up in gold, silver and mining stocks. None will convince the trend-following crowd to change camps from bear to bull, but somebody is already stepping up to buy. The volume in the gold mining ETF has been exceptionally heavy since July,” according to Barron’s.

GLD is up more than 3% over the past 90 days.

SPDR Gold Shares

Tom Lydon’s clients own shares of GLD.