Seeking Alpha

capital pains » Comments » DUG

  • 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...
    Oct 19 22:37 pm |Rating: 0 0 |Link to Comment
More on DUG by capital pains
capital pains'
Comments Stats
80 comments
Rating: 10 (274 - 264 )