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Stock impact report

Why Gold Crashed So Fast (And What Retirees Should Do With GLD Now) [Yahoo! Finance]

CME Group Inc. - Class A (CME) 
Last cme group inc. - class a earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cmegroup.com
Company Research Source: Yahoo! Finance
SPDR Gold generates no income and charges 0.40% annually. Treasury bonds now yield 4.24% with predictable cash flow. Speculators in leveraged gold futures accelerated the decline. CME margin requirement hikes over the weekend triggered forced liquidations. Investors rethink 'hands off' investing and decide to start making real money Retirees who held the SPDR Gold Trust ( NYSEARCA:GLD ) as a portfolio hedge watched their insurance policy pay off in late January when gold hit record prices. The rally validated decades of conventional wisdom about precious metals protecting wealth during uncertainty. Then the bottom fell out, and within days that same hedge became a liability that has conservative investors questioning whether gold still belongs in retirement portfolios. GLD tracks the price of physical gold bullion. It generates no income, pays no dividends, and produces no cash flow. The fund holds gold bars in a vault and charges a 0.40% annual expense ratio. Your return dep Show less Read more
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