I am long some physical gold and I like this:
http://www.telegraph.co.uk/finance/...nvestors-add-43pc-to-holdings-of-bullion.html
http://www.telegraph.co.uk/finance/...nvestors-add-43pc-to-holdings-of-bullion.html
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I would't touch gold futures. Just the spot
Quote from morganist:
looking at this chart do you think that it is a good time to buy gold. not because the of the price but because of what it signifies. if gold is expensive it is because people expect inflation. if that threat is real then gold might be worth its price in gold even at the moment. also there is a slight fall at the moment is this the end or will it rise further.
http://www.bloomberg.com/apps/cbuilder?ticker1=gold
I don't think anyone expects inflation. A dollar collapse is what's in the pipe.
gold is being dragged lower by the rest of the idiots
who are selling stuff ... esp "silver" and "oil"
esp on friday
the "only true yellow" that is bullish these days is :
www.thegiantnapkin.com/images/orange-juice.jpg
who are selling stuff ... esp "silver" and "oil"
esp on friday
the "only true yellow" that is bullish these days is :
www.thegiantnapkin.com/images/orange-juice.jpg
Quote from Martinghoul:
I am long some physical gold and I like this:
http://www.telegraph.co.uk/finance/...nvestors-add-43pc-to-holdings-of-bullion.html
Their fees for storage are high. Im not sure you can make anything holding gold long term with their holding fees.
There are other medians. Take the initial hit with the coins is another option.
http://www.telegraph.co.uk/finance/personalfinance/investing/3530663/Ten-ways-to-invest-in-gold.html
http://www.telegraph.co.uk/finance/personalfinance/investing/3530663/Ten-ways-to-invest-in-gold.html
Quote from Ivanovich:
They kinda go hand in hand, don't they?
Not quite. It depends who is doing the measuring and what they measure, and what they measure it against.
For example, when Argentina collapsed, the official rate of inflation was less than 1/2 of the unofficial rate.
In the case of the US, what other currencies will collapse with the dollar? Against those it won't even look like a collapse.
Short term, here, I think the dollar is going to bounce and squeeze the shorts. Nobody, but nobody thinks the dollar will go up, therefore it must, even if it doesn't deserve to. Once the squeeze runs its course, look out below.
Quote from thriftybob:
For example, when Argentina collapsed, the official rate of inflation was less than 1/2 of the unofficial rate.
Well you could not buy much with the official currency and the black markets preferred barter over the Argentinian dollar.
You also forget that US is printing unprecedented amounts of dollars in a very short period of time. There are also massive amounts Eurodollars.
Quote from Anaconda:
Well you could not buy much with the official currency and the black markets preferred barter over the Argentinian dollar.
You also forget that US is printing unprecedented amounts of dollars in a very short period of time. There are also massive amounts Eurodollars.
Agreed. Deflation will never be allowed. The debts will see that inflation will prevail. Hence Gold is always the only perma bull market.