Gold Stocks Slammed: Buying Opportunity? Absolutely Not [View article]
Totally agree, but you're forgetting something very important: gold was indeed in a manic state right around this time last year. That very well could have been the end of the bull market.
Long, long-term (decades), I love the idea of owning some physical gold. For most investors' purposes, right now, I'd advise against it.
Gold Stocks Slammed: Buying Opportunity? Absolutely Not [View article]
Look I'm as bearish as they come. Gold (in its physical form) makes sense as a way to maintain purchasing power over several decades and will soar if major catastrophe comes.
That being said, as an investor, betting on global collapses and unlikely hyperinflation isn't a valid method.
Gold Stocks Slammed: Buying Opportunity? Absolutely Not [View article]
I've actually read a lot of Casey Research's views on the business. It's very well written, but I disagree with the conclusion.
Thanks for the link.
Gold Stocks Slammed: Buying Opportunity? Absolutely Not [View article]
Gold Stocks Slammed: Buying Opportunity? Absolutely Not [View article]
Long, long-term (decades), I love the idea of owning some physical gold. For most investors' purposes, right now, I'd advise against it.
Thanks for the comment.
How David Einhorn Shorts Stocks [View article]
Tuesday Market Action: Huge Technical Support Broken, The Start Of Something Much Worse [View article]
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Tuesday Market Action: Huge Technical Support Broken, The Start Of Something Much Worse [View article]
Gold Stocks Slammed: Buying Opportunity? Absolutely Not [View article]
As for your rationale, I pretty much picked apart the idea that they have miniscule P/Es, and I'm not sure what "spitting out profits means."
QE is likely on the way in some form, but its effect on gold will be muted.
Tuesday Market Action: Huge Technical Support Broken, The Start Of Something Much Worse [View article]
How David Einhorn Shorts Stocks [View article]
I meant to say that the way to "short" the Fed is by buying Gold.
Thanks for pointing that out.
Gold Stocks Slammed: Buying Opportunity? Absolutely Not [View article]
Please refer here (BAC): http://on.mktw.net/NrX7C3
Here (Goldman Sachs): http://bit.ly/NrX6OB
And here (Morgan Stanley): http://bit.ly/NrX7Cd
Gold Stocks Slammed: Buying Opportunity? Absolutely Not [View article]
Gold Stocks Slammed: Buying Opportunity? Absolutely Not [View article]
That being said, as an investor, betting on global collapses and unlikely hyperinflation isn't a valid method.
Gold Stocks Slammed: Buying Opportunity? Absolutely Not [View article]
Ford $9 Trade Update: Previewing Earnings And A Looming Stock Bottoming [View article]
It seems that people misunderstood the cyclical investment cycle, whereas you buy when things are worst, not improved.