Showing posts with label SPDR Gold Trust ETF (GLD). Show all posts
Showing posts with label SPDR Gold Trust ETF (GLD). Show all posts

Monday, September 11, 2017

I've Got Plenty of Gold

I've got plenty of gold I'm not worried before this is over gold is going to turn into its own bubble because whenever there are big problems and people lose confidence in government and paper money they always buy gold and silver doesn't matter whether they should or they shouldn't that's what they do okay so they'll do it again. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))

Tuesday, August 29, 2017

Gold: My Plan

I haven't bought any serious gold since 2010 but I own it and I'm not selling it. My plan is that when gold goes under a thousand US dollars, I hope I'm small enough to buy a whole lot. (SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV), Market Vectors Gold Miners ETF (GDX))

Tuesday, July 18, 2017

When Things Go Wrong People Reverse To Gold And Silver

Through out history people reversed to gold and silver when things go wrong and they will again. (SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV))

People Should Have Some Money Outside Their Own Country

Everybody should have some money out of their own country as an insurance policy if nothing else, and also own some precious metals as an insurance policy too. (SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV))

Friday, June 30, 2017

Gold Will Skyrocket

Gold (SPDR Gold Trust ETF (GLD)) is going to go up big time before this is over. We’re going to have turmoil in the financial markets in the next few years and gold (SPDR Gold Trust ETF (GLD)) will skyrocket. I am not buying gold now because I expect it go down first.

Tuesday, May 30, 2017

Gold Is Not A Currency, Just A Commodity Like Any Other

There is no simple answer in the investment world. It's a combination of everything and that's the case with gold and everything else. Gold has been around for thousands of years, gold has had many periods when it's been in a bull market and many periods when it's been in a bear market. It's just another investment. I know that many people think it is a currency but gold is just another investment like everything else, just another commodity like everything else. Go back in history and you will see that gold is just another investment like everything else whether we like it or not. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))

When I'll Want To Invest In Gold

When they say I never want to invest in gold (SPDR Gold Trust ETF (GLD)) again as long as I live that's when I want to invest in gold that's true of many things you know when everybody gives up and throws it out the window that's usually a good time to buy anything including gold and so far as there were too many people who loved gold. 

Monday, May 29, 2017

Gold Has Not Had Enough Of A Correction

You know gold has not had enough of a correction yet for me and there's still too many gold bugs out there and when they give up I hope I'm smart enough to buy gold. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))

Tuesday, May 23, 2017

Gold Has Not Had Enough Of A Correction Yet

If gold collapses to $950 an ounce I would rush in and buy a lot of gold. Price is the main determinant. Time also, if this was 2019, I would rush in and buy some gold. Gold has not had enough of a correction yet and there are still too many gold bulls. (SPDR Gold Trust ETF (GLD))

Tuesday, May 16, 2017

Gold Is Trying To Find A Bottom

Corrections and rallies are very common in all markets, does not matter what the market. What we are seeing is the process of gold trying to find its bottom. In my view it is not here yet. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))

Monday, May 8, 2017

Markets: US Dollar, Gold, Silver & Chinese Currency

The US Dollar is going to go higher as the turmoil increases worldwide. As the US Dollar goes higher, gold and silver will probably continue under pressure. At some point the US Dollar will get overvalued may turn into a bubble. I will have to sell my US Dollars and I will put my money into gold and silver or maybe the renminbi the Chinese currency which by then should be convertible. (SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV))

Thursday, April 20, 2017

Eventually Gold Will Move Much Higher

Eventually Gold will move much higher. Through out history when people lose confidence in the government or in the currency, they always go to gold and silver. (iShares Silver Trust ETF (SLV), SPDR Gold Trust ETF (GLD))

Tuesday, March 28, 2017

Precious Metals: If I Had To Buy One, It Would Be Silver

At the moment, Silver (iShares Silver Trust ETF (SLV)) is cheaper than Gold (SPDR Gold Trust ETF (GLD), I mean, historically Silver is down 70-75% from its all-time high, Gold is not down so much. At the moment if I was buying one, I would buy Silver but I am not buying either.

Monday, February 27, 2017

The World Has a Money Problem and Gold Will Benefit

I own gold but I have not bought any gold for a long time. But I own gold and I am waiting for opportunities to buy more. It it goes down I hope I am smart enough to buy a lot more. Before this is over, gold is going to go up a whole lot and gold may even turn into a bubble. The world has a huge problem with money. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))

Friday, February 3, 2017

Gold: In the Process of Finding a Bottom (SPDR Gold Trust ETF (GLD))

Corrections and rallies are very common in all markets, does no matter what the market. What we are seeing is the process of gold (SPDR Gold Trust ETF (GLD)) trying to find its bottom and in my view it is not here yet.

Tuesday, January 3, 2017

Currency Market: U.S. Dollar Strength Will Continue

This is going to go on for a while. The U.S. Dollar will get overpriced and may even turn into a bubble before the rally is over. (EUR USD forex cross, USDJPY forex cross, SPDR Gold Trust ETF (GLD))

Thursday, December 15, 2016

The Dollar Strength Will Continue

The U.S. Dollar strength is going to go on for a while. The U.S. Dollar is going to get overprices, the U.S. Dollar may even turn into a bubble. (EUR USD forex cross, USDJPY forex cross, SPDR Gold Trust ETF (GLD))

Wednesday, December 14, 2016

Gold: The One Thousand Mark

It may not get to one thousand dollars an ounce, it may not even get there at all. I am pretty bad at market timing. But if it does, I expect to load up. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Barrick Gold (ABX), Newmont Mining (NEM), Goldcorp (GG), Novagold (NG))

Tuesday, December 13, 2016

Gold: In The End Gold Will Turn Into A Bubble

I am a terrible market timer and a horrible short term trader. I own gold, I have hedged some of my gold. I expect that if gold gets on one thousand dollars an ounce, I hope I am smart enough to buy a lot of gold because in the end, this is all going to end in huge mess and in a bubble for gold. My price to remove my edges and to buy a lot more gold is under one thousand. (Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD))

Tuesday, December 6, 2016

Gold: Interested If It Drops Below A Thousand (SPDR Gold Trust ETF (GLD))

I have not bought any gold for many years now and I am not a buyer of gold at these prices right now. I hedged my gold and if gold drops below a thousand dollars per ounce I may buy a lot more. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Market Vectors Gold Miners ETF(NYSE:GDX), Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX))

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