Steven Bauer's  Instablog

Steven Bauer
Send Message
My Biography: In 2001, I retired and now permanently reside in Mexico. After 5 years of managing my own affairs, I resumed my career in 2007 as a financial analyst / asset manager. My career began while in University as a – manual chartist for some wealthy Investors, who had a fancy math formula... More
My blog:
Investing Wisely
  • GOLD 0 comments
    Jul 6, 2013 1:21 PM | about stocks: GLD

    GOLD

    Hi,

    I can't help but read the mantra of blogs about GOLD.

    It is amazing there are so many who wish their words to be read. And, there are so few that say anything that is even close to accurate.

    I apologize for my criticism but there is much being said and little to want to follow.

    My last few days have been fun, with the holiday giving me some space to both read blogs and DO SOME Serious Analytics.

    On GOLD:

    There is nothing to support a rally such is being said.

    There is MUCH to support further Down-Side, but a quick or VERY Near-Term Rally could occur.

    Holders of Gold just don't understand that -- sometimes for decades it is a LOSER! Try 1980 thru 2001.

    Dr. Steve

    Stocks: GLD
Back To Steven Bauer's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.