SD CDL

Gold Stocks: Too Much Speculative Risk for My Taste

Rereading his last paragraph...how is gold more volatile then any other asset class? Real Estate doubled or tripled, then crashed. Financials exploded...then went (Bear Sterns) bankrupt. ALL asset classes are volatile these days, just as a inflationary cycle predict...money sloshes around from asset to asset. You can predict the price of gold in two questions: What is world M3 growing by and will congress continue to spend us into oblivion.
Note: I also don't think gold will rise forever, but we're only in the 2 or 3rd inning people.

Gold Stocks: Too Much Speculative Risk for My Taste

You're missing a crucial factor of inflation and double digit M3 growth GLOBAL. The CPI is fiction, a Frankenstein of an index that systemically removes or modifies anything that goes up in price. Homes in this decade have been speculative, gold is in the early portion of a bull market. Bill Fleckenstein said it perfectly...in a social democracy...all roads leads to inflation. Inflate or Die!

Agree with structuring around peak oil but oil/gas will also rise with the inflationary cycle.

Gold is Money!