Joshua Hayes

History Lesson: September Is Best Month for Gold

as long as Gold holds the 50 DMA there is no reason to get bearish on Gold. Gold has been a great long since 2001 and will continue to be in the long-term as long as the Fed/Congress continue with their reckless dollar policy. I think investors with a long-term horizon with capital in the stock market would be wise to look to hedge their investments with Gold/Silver bullion or GLD/SLV if bullion is not available to purchase. The long-term prospects for GLD/SLV are very good when you look at the massive wealth-destroying printing job the Fed is doing via the St. Louis Fed charts. Until I see some real drawdown in our spending/debt, there is no way I can dare abandon my long-term Gold/Silver long position. I do NOT think it is wise to invest all your money in Gold/Silver. However, if you are a good stock picker like those of us at BigWaveTrading.com and have years of experience and can really get your port moving it might be of benefit to move some of that money into GLD/SLV just in case. Though those of us that know how to invest can actively go long/short, sometimes there are moments when a good long or short position does not exist. During these times it is nice comfort in knowing that you have some money in Gold/Silver that is working for you. I never have problem finding stocks to invest in on the long or short side. However, I realize most people are not like me and thus need to have a longer-term position. My best recommendation is to either invest quarterly in a VERY STRONG growth/value mutual fund with strong 3-yr, 5-yr, and (if available) 10-yr track records or I recommend going long GLD/SLV. Better yet, I prefer that you own Gold and Silver bullion. However, unless you store it at your home you will have to pay the safety deposit fees. A small price to pay for ultimate security. I am an active investor but there are two long-term investing trends that I am SURE will pay out over a 20+ year period.