frank90291

Silver and Gold: More Than Just A Christmas Carol

This guy is typical of the "Jerry Springer Generation" boobs who for now and in the near future will run L.A., California and the U.S.A. into the toilet........
A portion of your portfolio being in gold is not a bad idea and cash in your credit union and God knows where else makes sense also........
Let's not quibble about the merits of GLD, gold coins or cash. Just keep an eye on your taxes, especially death taxes.


en.wikipedia.org/wiki/...

Silver and Gold: More Than Just A Christmas Carol

bought some beginning of 2005 and added some over the years and always set "stops" so as not to ride it down to $60....... to tell the truth I use a 250 dSMA which means I did sell off but chose to get back in @ $75........ Try to buy gold eagles from the mint....... not possible........ GDX may be a good way to go at this time......... but a hell of a ride....
If one chose to buy GLD at the beginning of 2005 and held on, then !5% -18% is real...

Silver and Gold: More Than Just A Christmas Carol

After reading what some of the anti-gold guys have been saying about holding GLD, I'm convinced that the 18%/year I've achieved for the last 3 years is an illusion. I had better get off my ass and sell my GLD shares and put all those imaginary profits in C, GM, BAC, SPY, MSFT, etc,etc,etc..........