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Re: Gold - $1,592/oz

By: Beijing Bill in ROUND | Recommend this post (0)
Thu, 14 Jul 11 7:51 PM | 48 view(s)
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Msg. 33900 of 45510
(This msg. is a reply to 33899 by Decomposed)

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The above is a reply to the following message:
Gold - $1,592/oz
By: Decomposed
in ROUND
Thu, 14 Jul 11 6:13 PM
Msg. 33899 of 45510

It's not that gold is outperforming everything else - AAPL has done better. So has NFLX and the Chinese stock market. And silver.

But unlike the others, gold is very nearly a SURE THING. In up-markets and down, it will be one of the best performers. I saw that in 2002 . . . and still see it today.

Do yourself a favor. Buy gold. Relative to dollars, it remains ***CHEAP***. 


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