Tuesday, August 28, 2007

XGD

XGD.TO the Canadian gold stocks ETF (S&P TSE Canadian Gold iUnits) currently give a clearer picture for gold stocks. XGD is priced in Canadian Dollars and it seems as it recently completed an ABC correction. XGD retraced about 61.8% of the 2005 – 2006 advance.

xgd chart

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1 Comments:

Anonymous Anonymous said...

Question:

What is the best way to leverage the price of gold with limited capital? (Not futures...those are too risky..)

I am thinking perhaps some call options, but on what issue? Any insight is much appreciated. I'll be checking back here for responses from time to time. Thank you.

cc: Gold Global Perspective.

Friday, September 28, 2007 8:20:00 AM  

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