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Given that the rest of my portfolio is denominated in dollars and much of it is cash and treasuries, a strong dollar and falling gold doesn't seem so bad. I just keep telling myself that when gold drops it means my cash is more valuable, even if the number on it doesn't actually change. Personally, I hope I never make any money on the gold, that would be the best thing for everybody.
Oct 24 10:23 am
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All Comments by Tom Bombadil »The Favorable Outlook for Gold [View article]
PS: the headline promises a "favorable outlook" for gold, but I don't see anything but bad news in the article. Or good news, I guess, if you agree with what I wrote above.