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John-Erik Koslosky is a reporter who manages his own stock portfolio and blogs about his experiences at stocksnovice.blogspot.com. Follow me on Twitter @jekoslosky.
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  • Are There Safer 'Safe Havens' Than Gold? 0 comments
    Sep 30, 2011 11:55 AM | about stocks: GLD, PALL, PPLT, SLV

    Gold is a lot like politics.
    Very knowledgeable people have very different views on how good an investment it is. And as the price has run up and the stakes have gotten higher, those views seem to be getting increasingly polarized.
    Frankly, I'm skeptical of anyone who claims he knows with some amount of certainty whether it is or it's not.
    Still, it remains an intriguing option to keep in my portfolio.
    Gold, to me and many other investors, has allure as a hedge. Ideally, it's a place where our cash can continue to grow if the market sours.
    But that's where my concern comes in.
    As a safe haven, gold at these levels does not strike me as particularly safe.
    That's why I'm looking elsewhere before I reconsider putting a dime into the GLD or a miner.

    I'll start with the other precious metals here.

    You can also follow this link: http://stks.co/QDK

    Feel free to disagree.

    Stocks: GLD, PALL, PPLT, SLV
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