misterchan

Has Gold Reached Bubble Territory?

jt - Very interesting, knowledgeable and well written.

Did Gold Bugs Miss the Fat Lady?

Great article.

Going for Gold? It's Overrated

There are many negative voices like yours. I bought gold under $400 and my investment has tripled. Also, my stock portfolio is heavily weighted in that direction and also in basic resources. I will get ready to sell when everybody wants to buy. Which has not happened yet.

Gold Decline Nearing Its End

Malkiel - First of all, we (goldbugs) do not plan on relying on gold forever. As I am sure you will agree, nothing is forever. If you will dig a little further into your data, you will be surprised to see that, over the years, the dollar has been in a steady decline. And of course we are not going to , no matter how hungry we are, embark on a gustatory golden experience. That would be too great an extravagance, my friend, when gold is $2000 or $3000 per ounce. And anyway, it has no vitamins. It was not meant to nourish the body. But you can depend on it to nourish your bank account. Not forever. But how about 10 or 15 years? In conclusion, if you really feel this comfortable about the dollar and if you deplore the advance of gold, why in the world are you advising people to invest in goldmines? Good luck anyway, in your fallout shelter. misterchan