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E.D.Hart » Comments » IAU

  • Gold: How Long Will the Bull Market Last? [View article]
    The media constantly cite the $2200 or so that gold may return to on an inflation adjusted basis...but this is using a bogus government supplied cpi index that vastly under reports inflation. Realistically, using constant methodology in inflation calculation, gold will return to 4200 and beyond. I believe that the author may be on to something since prices often over shoot on the down side and the upside.
    Long physical gold, and long UXG.
    Feb 25 02:54 am |Rating: +3 0 |Link to Comment
  • No Gold Bubble [View article]
    I agree with most of what you say, except the part about silver. I expect slver to rally more than gold as economic activity picks up minimally. Silver does indeed have monetary characteristics.
    Feb 23 12:32 pm |Rating: +10 -1 |Link to Comment
  • Getting Out of Leveraged Gold [View article]
    Gold is the only currency to survive the millenia...I spent an hour reading several financial magazines, and newspapers at the airport today...they all made essentially the same old arguments against gold...because its been a poor investment over the last 25 years.

    Wow...how about looking at economically relevant periods in history...like the last 7 years? Or look at periods in time when gold did very well and compare economic conditions then to now...and compare?

    All the media gets the gold story wrong, telling people its risky, time to take profits at $400, er $500, er $600, er I mean $700, ummm at 800$ per ounce, oops I mean at $900,... oh never mind.

    Gold may be lousy in certain types of economic environments, but that is not an argument against gold..bonds are lousy in certain econmic environments also, but we dont hear the press eschewing bonds, (for the most part) ...]

    Real estate may be a lousy investment for nest ten years, so where are the experts calling for people to get out of their risky real estate and minimizing its place in your portfolio to 5%?
    Feb 23 03:53 am |Rating: 0 0 |Link to Comment
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