GLD Forecast 8/4/2015

The Gold ETF (GLD) Is a unique but important market instrument. While we do not recommend trading gold for cash flow or wealth generation, it can act as an important hedge for inflation or systemic risk. We feel that gold is moving down towards an important inflection point which has a high probability to produce a sustainable bottom. We will be watching closely and taking further measurements as we get closer to the all important to $1000 per ounce level…