Added to YB: 2024-01-24
Pitch date: 2024-01-23
GLD [bearish]
SPDR Gold Trust
-110.21%
current return
Author Info
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Company Info
SPDR Gold Trust is an exchange traded fund launched and managed by World Gold Trust Services, LLC. It invests in commodity markets.
Market Cap
$110.4B
Pitch Price
$188.33
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
3.81
EV/Sales
N/A
Sector
Capital Markets
Category
N/A
Show full summary:
[SHORT] The Gold Short: No More False Dawns
GLD: Lemon_tm bearish, sees gold vulnerable to rising real yields affecting equities/bonds/commodities, prefers tail-risk hedges. Skeptical of rate cut expectations given persistent core inflation. Sees robust USD demand from China slowdown, EU rate cut pressure. RRP drawdown signals USD scarcity.
Read full article (12 min)