If gold as a precious metal is a good investment, and that is a big “if” from time to time, there are many opinions on the best way to “own” it. There’s physical gold — bars or coins, there’s gold futures and there’s ETFs. Among the ETFs there’s GLD vs GTU/CEF. An argument that convinces me is here.

Phillip Davis writes a column each day entitled Options Trader . He  has a  service aimed at options traders that I don’t subscribe to, but his daily summary comments, although aimed at his options traders, give some good insights into where he thinks things are heading, certainly on a short term basis, and sometimes looking out further. I guess I would add his articles give me a feeling for the “tone” of the daily financial markets. If I want to go a few levels deeper into detail then I look for David Fry’s latest charts here.