SPDR Gold Trust (GLD). Most in the media have been bashing the yellow metal for years. Scores of forecasters had been projecting that the spot price would drop to $1000 per ounce or less by the end of 2014. Instead, GLD is up more than 10% year-to-date near $1350 per ounce, while analysts have scrambled to upwardly revise their 2014 estimates. More importantly, the price of GLD crossed above its 200-day moving average on the upside for the first time in more than 12 months.
- Poll of the Day