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Gold Price Go Higher, GLD-C1 Will Follow

Gold price is open high across Asia and yesterday GLD-C1 underlying share SPDR GLD is close at 114.73 and at 10.30am GLD-C1 is at RM0.245 with is 2% premium. If gold hits USD1,200 per ounce SPDR GLD will likely at USD120 so cover to GLD-C1 the price will be at RM0.29 with 2% premium. A 18.4% upside potential.

If want to know more about gold investment news, welcome to visit my gold investment blog at http://malaysiagoldinvestment.blogspot.com/


Goldman December 15, 2009 at 11:06 PM  

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Investment Idea

My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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