The Case for Precious Metals Is Only Getting Stronger [View article]
"You must be assuming we go back to caveman status and remain there."
So why take physical delivery? If its an "investment" then why not remain financial? Unless you believe the financial system will collapse, which would probably be akin to "caveman status".
The Case for Precious Metals Is Only Getting Stronger [View article]
What the heck are you going to do with physical gold? Ultimately you'll have to take it to a retailer and lose premium on it. Now if you think all the banks are going to collapse and so is the USD, you should put your money in a bunker and stockpile food and water rather than gold. If the apocalypse happens, I don't think anyone will care about your gold coins when they are hungry, thirsty, and need petrol. Or at least have some smelting equipment so you can make new denominations.
Dennis Gartman on Gold, Oil, Government and the Economy [View article]
nova said: "He should stay with cotton... "
Gartman stayed positive in his trading in 2008 for almost the entire year and finished just slightly down. That's not at all bad considering the S&P or DOW over that same time period. He doesn't always get it right, but he generally thinks clearly and has good views. The nuke stuff is probably wrong, but the thinking is actually correct ("a leftist to push an issue that is traditionally opposed by the Left").
All that said, if you're gonna' shoot someone down, maybe you could at least say why.....
The Case for Precious Metals Is Only Getting Stronger [View article]
So why take physical delivery? If its an "investment" then why not remain financial? Unless you believe the financial system will collapse, which would probably be akin to "caveman status".
The Case for Precious Metals Is Only Getting Stronger [View article]
Dennis Gartman on Gold, Oil, Government and the Economy [View article]
Gartman stayed positive in his trading in 2008 for almost the entire year and finished just slightly down. That's not at all bad considering the S&P or DOW over that same time period. He doesn't always get it right, but he generally thinks clearly and has good views. The nuke stuff is probably wrong, but the thinking is actually correct ("a leftist to push an issue that is traditionally opposed by the Left").
All that said, if you're gonna' shoot someone down, maybe you could at least say why.....