Shiv Kapoor

Gold Price and Gold Volatility

Gosh Muzie, you really take things literally. I said I buy xyz. I did not say I do not sell them when the valuations are ripe. As of now, I have a healthy health care portfolio and have recently I have started accumalating positions in IT. I am also accumalating positions in materials though I expect further falls. I am keeping an eye on energy to start building positions and also on industrials. I think the investment case for gold is sound. It is just an area I do not invest in on principal. I also do not invest in booze and cigs, despite the yield and defensive characteristics because I smoke and drink and I see them both as bad habits. My last I will never invest in space is Energy MLP's. Not sure why I got onto a gold board.