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

Agritrade Resources Is Intriguing

Agritrade Resources is intriguing to me since it is in coal business which most people don’t like and it is in Indonesia, which some people don’t like also. (Jim Rogers has taken an advisory role to the board of Agritrade)

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))

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