IAUF Another Example Of Gold Crashing

 

http://www.etf.com/sections/daily-etf-watch/ishares-gold-etf-debuts

 

This is only an example of what not to touch as this gold related ETF is actively traded! Well the shares traded this morning was 1 share! Nobody is too impressed with this ETF. Please do not get investing and trading mixed up as I will never give investment advice, but I only consult with clients about the gold cycles and futures charts. This is not a futures chart, and it has built-up no record pattern at this time.  This IAUF has much more to fall and I would not spend even buying a PUT!

We have many choices with gold related ETFs so I will never waste my time with this off-shore Based ETF.

 

 

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