I agree with DavyJ. I keep hearing from the gold bugs (my grandgather included) that gold is an inflation hedge and should be traaing around $2000. My question : why is gold not currently trading at $2000 if it really is an inflation hedge.
If you want a real inflation hedge buy timber. Historically it has provided returns 4-6% higher than inflation. Sure beats gold's record.
Vietnam Suspends Gold Imports, Follows FDR's Great Depression Lead [View article]
FDR was a criminal who robbed people of their wealth (gold siezure, social security) and then created the welfare/slave state we have today. People have become so dependent on the government that they are no longer free, but instead slaves to the almighty state which gives things to people.
I still cant understand why the oil and nat gas stocks have not followed commodity prices higher. It seems when oil went from 127 to 134 they sold off sharply.
The Long and the Short of Silver and Gold [View article]
I generally like your idea of shorting gold while going long silver. My only concern is with this idea that there is a inherent spread between gold and silver. I know a lot of silver bugs who keep bringing up the idea but is there any historical chart available that shows the spead between gold and silver.
The Central Banks will never allow Gold to get $2000, as it would threaten the all mighty Federal Reserve note. I think gold is going to correct further, down to 800 before it resumes its long term up trend. Unless the Central Banks manipulate it lower.
Gold's Finest Hour: How to Buy Now [View article]
If you want a real inflation hedge buy timber. Historically it has provided returns 4-6% higher than inflation. Sure beats gold's record.
Vietnam Suspends Gold Imports, Follows FDR's Great Depression Lead [View article]
Friday Outlook: Commodities, Emerging Markets [View article]
Friday Outlook: Commodities, Emerging Markets [View article]
The Long and the Short of Silver and Gold [View article]
The Long and the Short of Silver and Gold [View article]
Gold: The Last Cheap Asset Class [View article]