wengem

Is a Gold Correction Imminent?

I can't stand articles like this. "Gold is up 37.5% for the year (so far) and up 70% from its November 2008 low"
Not if you price it in another currency! How about Australian Dollars? Even for the year and up 45% from it's Nov 2008 low... and well short of it's Mar 2009 high. Does that sound like a big correction in gold is imminent? Or does it sound more like the USD is plummeting?

'Too Far, Too Fast': A Look at Asset Classes

I was kind of hoping that you would draw the conclusions and I would read them.

Why Gold Is Losing Its Shine

If gold goes down 50%, so be it. It will have a lot of company down there with the rest of my portfolio!

Is the GLD ETF Really Worth Its Metal?

Correct me if I'm wrong, but doesn't GLD trade at a discount to their holdings - expenses? If that's true, some portion of the counterparty risk is mitigated.

Is the GLD ETF Really Worth Its Metal?

Don't forget that there is risk and overhead in owning physical gold too. You have to consider the possibility of theft and counterfeiting. It's much less liquid than GLD. You are also likely to pay a significant premium to the spot price and have a hard time recouping all of that premium when you sell.
Unfortunately all of the variables and unknowns make a good analysis of risk/reward/overhead between GLD and physical gold nearly impossible to do.

The End of Gold, Part Three

Lance & sickofthehype... correct me if I'm wrong, but if inflation went as high as you say, wouldn't interest rates also go through the roof? As a result, only those homeowners with fixed rate mortgages would benefit. Anybody with a variable rate would get slammed... unless the lenders voluntarily let them off the hook by refinancing them into a fixed mortgage at the pre-inflation rate. And if they were willing to do that, then why not just let the underwater homeowners off the hook now?