Gold Holders: How to Protect Yourself [View article]
I see it differently, there have been may instances in which Gold has tracked the Equity Market in the same direction for a long time and that diminishes the safe harbor argument derived from the Equities sell-off. The point is that Gold became just another asset class without losing its caractheristic of being safe harbor, hedge against inflation and so on and so forth. If one doesn't know anything about Gold but it is being bought by the majority you buy as well, simply because you can dump it anytime by using ETFs, Options, Electronic Trading etc same reason why you bought EUR/USD, Oil and GPB/USD last year. Now the reason why long term investors bought Gold at USD 250/USD 500/USD 675 is not being understood by short-term analysts, however the results, profit wise, have been and will continue being unprecedented unless there was some willingnes for Governments to intervene the market then you can think about massive liquidation, not before.
Gold Holders: How to Protect Yourself [View article]