Gold Prices: Little Correlation with Its Utility [View article]
Gold has had costs of production that has matched the costs of labor for over a thousand years. So it is a measure of value, not a store of value. There isn't enough gold for most people to buy with more than a few percent of their life savings.
I buy the GLD ETF shares and write options against them hoping that the price of gold won't fluctuate too much.
Recycling U.S. Coins into Silver [View article]
The US should encourage those in the NorthEast that are still heating with fuel oil to convert to natural gas.
Gold Prices: Little Correlation with Its Utility [View article]
I buy the GLD ETF shares and write options against them hoping that the price of gold won't fluctuate too much.
The Problem with GLD and SLV ETFs [View article]
Need Gold? Check Your Fed Holdings [View article]
I thought that it was the case, but sometimes Google doesn't tell me everything.