The Safest Ways to Invest in Gold and Silver [View article]
CEF feels safe. There is no perfect solution to ownership vulnerabilities, and physical holding is clearly not perfect. If I wanted to be worried, the AMEX is also vulnerable unto intself as the listing exchange, as is your broker who places your buy and sell order, as is your milkman, who secretly wants to steal your wife. I'm not suggesting the "T" word, but at some point one does have to trust whatever system one is plugged into. Afterall, R U sure those coins under your floorboard are real?
The first comment to this article asks what the author is saying. That pretty much sums it up! Whether or not gold will buy one good suit is a good reference. However, the fact that gold must first be SOLD to buy that suit is what makes the point. Having your cake and eating it too, as mentioned in the article, is really about that suit you did or didn't purchase. "Whoops..., there goes gold..., I guess I'll have to settle for a sweater vest. See tradingwellandliving.b... for link to how to buy the stuff.
Well, you might trust your safety deposit box. I blogged on this subject a couple of months ago. Check it out and be amazed. see: tradingwellandliving.b...
Good insights in this article. A pause in gold's recent climb had a single prophet voice last month, and that was Elliott Wave International. At the time it made no sense. The 600 number also shows up in their analysis.
Gold Price Plunges: Might as Well Hold Stocks [View article]
This will be one more revelation of falsehood. Stock indexes such as the S&P500 are manipulated, or to me kind, "managed". That is to say, losers are simply removed and replaced. See article and all comments at: www.clusterstock.com/2...
Gold Price Plunges: Might as Well Hold Stocks [View article]
Everyone is right and everyone is wrong. Winners and losers can be found in any market, be it gold, stocks or horse racing. To the point, time horizons for entry and exit are paramount. I note that the ONLY advice for selling gold when it was recently at its high came from Elliott Wave International. I am too stingy to pay for their newsletter, but they actually did a freebee on the subject that stands on its own. Long term as in more than a year? Sure, count me in for gold.
The Safest Ways to Invest in Gold and Silver [View article]
physical holding is clearly not perfect. If I wanted to be worried, the AMEX is also vulnerable unto intself as the listing exchange, as is your broker who places your buy and sell order, as is your milkman, who secretly wants to steal your wife.
I'm not suggesting the "T" word, but at some point one does have to trust whatever system one is plugged into. Afterall, R U sure those coins under your floorboard are real?
On Precious Metals and the Euro [View article]
That pretty much sums it up!
Whether or not gold will buy one good suit is a good reference.
However, the fact that gold must first be SOLD to buy that suit is what makes
the point. Having your cake and eating it too, as mentioned in the article,
is really about that suit you did or didn't purchase.
"Whoops..., there goes gold..., I guess I'll have to settle for a sweater vest.
See tradingwellandliving.b... for link to how to buy the stuff.
Gold is One of the Few Assets That's Up for the Year [View article]
tradingwellandliving.b...
Gold is One of the Few Assets That's Up for the Year [View article]
What do I think?
Wait.
Better buying opps down the road.
Bear Market Gold [View article]
see: tradingwellandliving.b...
Who Is Really Printing Money? [View article]
Gold Price Plunges: Might as Well Hold Stocks [View article]
Gold Price Plunges: Might as Well Hold Stocks [View article]