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tom Andersen » Comments » GLD

  • Look Who's Betting on Inflation [View article]
    Anthony,

    Asia, Europe and Russia love gold, likely more than Americans.
    Sep 13 20:23 pm |Rating: 0 -2 |Link to Comment
  • Look Who's Betting on Inflation [View article]
    Even moderate inflation (eg at a 5% 'official rate') plus real gold price increases could easily push it to $3k in three or four years. Lots of profit for the miners.
    Sep 13 18:10 pm |Rating: +1 -3 |Link to Comment
  • 5 Reasons to Avoid the Gold Rush [View article]
    Owning gold mines is owning a company that 'can raise prices with inflation' - in fact the real price of gold will go up with inflation, while expenses are basically tied to the rate of inflation. So its a leveraged position on gold that can pay dividends, etc. You don't have to buy the metal.
    Jun 20 00:06 am |Rating: +1 0 |Link to Comment
  • As an Investment, Gold's Just a Brick [View article]
    Gold is about $1k now. With a doubling of prices over the next 5 years it should go to $2k. But if inflation hits like that, people will run to it - which will double the price. So $4k within 5 years. If you want more leverage than that - buy the gold miners.
    Jun 19 00:19 am |Rating: +4 -2 |Link to Comment
  • Own Gold? Time to Fold [View article]
    Have no idea where the market, gold, is etc, but when analysts start saying that 'this time is different' it is one sign. Its never different. There are 6 billion people on the planet. Only 2 billion have ever used commodities up until now. The other 4 want in.
    Dec 08 08:25 am |Rating: +9 -1 |Link to Comment
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