GLD - I loves countin' all my gold...

Gold, gold, gold all I am hearing about is gold! The pirates loves their gold, but the luster is not as shinny anymore. The weekly chart clearly shows that the trend is broken and has been for over a year. The large volume sell-off last week it another good indication that a priates booty may not be as valuable in the coming months as it once was. Watch for a seasonal bounce in the late summer early fall.