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  • Citigroup Sees Gold Reaching $2000 [View article]
    To Stokked: the web site you pitch assumes the world functions in a smooth line. It says, basically, sell a little of your profits each year from gold. Well, gold doesn't always make a profit so if you have to sell some to generated needed cash then you are depleting your capital. The same thing happens with a strategy like that for equities. There are good reasons people who need a cash flow from investments use equity dividends and bond interest. They are more stable and predictable than prices of (any) goods. Go look at a price chart for gold during all of the 90's - it isn't a pretty sight.
    Dec 02 18:27 pm |Rating: +1 0 |Link to Comment
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