anarchist

Larkin: Gold's Stealth Bull Market

This always happens just before the big gold crash. As soon as you see adds in the paper "bring your old silver and gold to the fair grounds Sunday and we will pay you cash"-baby, it's time to get out of gold stocks.


On Oct 24 10:04 PM goodasgold wrote:

> Yes, more people are selling their gold and silver
> jewelry and sometimes coins to raise money, but the general public
> is not yet investing. Despite a 400 percent increase over the last
> eight years, most people are simply not aware of it. Look at the
> popular financial magazines and you seldom see gold mentioned and
> even less recommended. The financial "professionals" are
> prime examples of missing the boat ... talk about institutional bias!

Larkin: Gold's Stealth Bull Market

That was months after Gold had fallen from $850 to $300 or less.


On Oct 23 10:40 PM DormRoom wrote:

> wasn't Gold's 80s peak due to the Hunt brother's almost cornering
> the silver market? You can't take that $850/oz data seriously.
> It's an outlier.

25 Cash Cows to Ride Out the Storm- Barron's

Another strategy would be to buy stocks with nice dividends and hedge your stock purchase with the appropriate short-ETF. For instance, if you bought $5,000 BAC or PNW you might offset it with $2500 of SEF. Yes, if the market tuns around before you get out of SEF after this bailout you miss a little upside but you still have a nice dividend that you wouldn't have had otherwise.