gooter

9 Cures for Gold Fever

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.

Gold is Overbought: Time to Short Barrick?

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?

As Good as Gold?

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.