Gold has been going straight up. Your aunt is asking about gold ETFs. The news is breathlessly bullish. Analysts who missed the first 15% are now "raising targets" with the confidence of people who weren't wrong.
Tell me if this sounds familiar: breathless CNBC segment on gold's incredible run. Analysts who missed the first 15% are now 'raising targets' with the confidence of people who were never wrong. Your uncle is asking about GLD. If yes: the professionals are actively selling to the people watching the segment. Don't be the person watching the segment. Or be that person — I'm a narrator, not a cop. But I'll judge you.