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Patrick Young
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Patrick Young is an independent investor. He previously worked in Upstream R&D for ExxonMobil. He has a M.S. in Geology focused on igneous petrology and geochemistry, and is currently working towards a Ph.D. in the same at Yale University. He has wide interests in technology, particularly... More
My blog:
The Rock Doctor
  • Strength in gold 0 comments
    Jul 5, 2011 2:50 PM | about stocks: GLD
    Unlike equities, and the dollar, gold has a clear direction: From the bottom left to the upper right. Why would demand for gold tank? What event could make everybody feel rosy about the financial markets and currencies, the promise of peace and prosperity in the future? It would take many years of stability to forget the last decade. Therefore, gold will remain an attractive buy to hold asset for many years.
    Themes: gold, dollar, markets Stocks: GLD
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