Why Oil and Gold Are Headed Much Higher [View article]
Gold ? For 40 years we have been hearing about the boundless upward potential price of gold ..Like a broken watch, gold moves up then settles back down into its usual comatose state. Gold is a relic and has no place in an investment portfilio (contrary to the talking heads touting gold ad nauseum) .Look at gold stocks which are at their lows ...Proof positive ! Commodities yes, oil drilling services yes, FCX yes, MMR yes, NOV yes, PBR yes, COP yes, ACI, BTU yes yes yes...Gold: never happen to any lasting, meaningful degree...
Why Oil and Gold Are Headed Much Higher [View article]
Gold is a relic and has no place in an investment portfilio (contrary to the talking heads touting gold ad nauseum) .Look at gold stocks which are at their lows ...Proof positive !
Commodities yes, oil drilling services yes, FCX yes, MMR yes, NOV yes, PBR yes, COP yes, ACI, BTU yes yes yes...Gold: never happen to any lasting, meaningful degree...