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gooter » Comments » GLD

  • Rising Skepticism in Gold  [View article]
    calling gold a bubble is akin to calling credit default insurance a bubble in 2007. Every bubble has a counter trade, and the opposite side of the credit bubble in real estate was the cdi. Gold is the counter trade to the currency bubble, not the other way around, unless, of course you find a sense of comfort in the us$.
    Dec 20 14:57 pm |Rating: +6 -2 |Link to Comment
  • More Thoughts on Gold and Inflation [View article]
    the rise in demand, especially through etf investment, must have a cause,ie;monetary policy reaction.
    Dec 04 07:40 am |Rating: +3 0 |Link to Comment
  • Gold: Four Reasons to Expect September Gains [View article]
    Gold "typically" moves higher as autumn draws in? Really, 20 of the last 40? So, half the time it doesn't?
    Aug 29 09:59 am |Rating: +11 0 |Link to Comment
  • Invest in Gold to Hedge Against Hyperinflation [View article]
    IBM=1 piece of paper saying you have $116 ownership in the company. Try and have them liquidate to collect it. GLD trades on its current value same as any stock or investment. What fears buggers have of collapse have little to do with modern investment. Their main bet is the collapse of the world economic system, in which case physical gold may be the best bet. I see a lot of opportunity between now and then, and gld serves my needs.
    Jul 20 20:24 pm |Rating: +3 -1 |Link to Comment
  • Additional Thoughts on GLD [View article]
    Well said kid. Buggers are of the same ilk as the unabomber, social misfits, paranoid skids, nerdy loners, etc. etc. What they cannot understand is inherent risk and value. Pros can gloss and charm a stock until it has a value exceeding its intrinsic worth, and they are considered smart. The stock may be AAPL or it may be AIG. In ANY investment there are risks as to the viability, value, longevity, or credibility. Why the buggers get after GLD makes little sense, but its their little entertaining ant farm, let em have their fun.
    Jul 19 17:38 pm |Rating: 0 -2 |Link to Comment
  • 9 Cures for Gold Fever [View article]
    investing is more about perception and less about real value. Real value cannot be determined in a macro sense, and therefore it's a fluid determination. The only thing that matters is the difference between what you buy it for and what you sell it for. Who cares what the return on gold(or any other investment) is while I hold it. I will see my real return upon selling. If I could buy mud and resale it for a profit, it would matter little to me if it is universally accepted as currency, politically acceptable, edible, sought after, etc., etc.. If I feel someone will PERCEIVE what I'm selling to be of more value to them, than what I purchased it at, then that's a good investment. If they pay less, my perception of its value was off. Gold could be cow dung for all I care. I own it because I believe someone will buy it from me for more than I paid. Period.
    Jun 21 21:38 pm |Rating: +1 0 |Link to Comment
  • 8 Reasons ETF Investors Go for the Gold [View article]
    gold isn't money? EVERYTHING is money, marbles, toothpicks, rocks, and on and on. If it can be traded, it's worth will be determined by another party. You can accept the trade or not. What you pay and what you accept in trade is up to you. If you don't like the medium being used, you don't make the trade........DUH!!
    Apr 11 07:50 am |Rating: +2 0 |Link to Comment
  • 1100 Tonnes Now in the GLD Trust [View article]
    Cost of risk for being in GLD vs. the physical metal is the 8-10% premium on physical + storage. Like any investment, gamble one way or the other on the risk. If it's (GLD) a cheesy piece of worthless paper, I'll happily buy it if I can sell it at a good return, regardless of how a bug feels about it.
    Mar 21 09:49 am |Rating: 0 0 |Link to Comment
  • Gold is Overbought: Time to Short Barrick? [View article]
    i noticed gold traded above it's "normal trading range" on multiple days in Jan., Feb., and March? How is that possible? Shouldn't it stay in it's normal range? What was the recommendation in early Jan. after it's first spot over the range? Also, could you show the "normal trading range for the next 12-24 months?
    Jan 27 18:26 pm |Rating: +3 0 |Link to Comment
  • Enlightening the Gold Bugs [View article]
    if the stimulus dollars stay in the bank and don't circulate, sure, you could have deflation. but eventually, creditors will need to be paid. fed will not allow the banks to hold on to the money, velocity will pick up, and the expanded money supply will feed the inflationary elephant in the room.
    Dec 24 08:49 am |Rating: +7 0 |Link to Comment
  • As Good as Gold? [View article]
    gold is nothing more or less than money, exchangeable in any nations currency. i could care less what it's done historically, i care about what it's current and future value may be. find me another "money" that will react in a positive manner toward the events shaping our current environment, (I see everyone loaded with new dollars but unable to afford anything) i cannot see the USD or, for that matter, any currency, standing stronger after the printing presses get done making the currency to stimulate the global economy.
    Dec 23 08:24 am |Rating: +1 -1 |Link to Comment
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