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BobbyDelrayfollowshare
1-2-2008 1:11 PM308 views
Gold stocks anyone?
4 Comments   | Add a Comment
1-2-2008 1:47 PM
raven714
You can never go wrong with gold.
2-8-2008 5:30 AM
davboz
Sure you can! Especially if it is topped out around $860-$900 and you bought in now. Just think, with stocks set to climb most of the way out of a 20-30% hole by years end, THAT is more dependable than gold at this point - (2/7/08). Buy into the market.
Careful as to WHO says WHAT.
Precious metals purveyors will always find a way to make it sound desirable and antagonists to the capitalist system will always exaggerate their outlooks as a way to express their emotional disdain for the market and/or the political environment.
Use judgement and study. If gold pulls back and other areas stagnate or worsen further then look closely at buying a position in gold - likely an etf "GLD".
There will b...
2-8-2008 10:45 AM
bignosemousie
Unless the world suddenly becomes a wonderful place to be,
Awww. I think the world is full of wonder.
3-14-2008 6:14 PM
davboz
You are right, mouse.
If it isn't now, for them, nothing will make it so for them.Except they themselves ~ on the inside.
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But regarding my comments on gold earlier, I stand corrected.And I had not forgotten this comment I left. It has and likely WILL continue higher but ultimately won't the standard still be in "worthless" dollars? After enjoying a runup of one's investment in gold, it will be sold back into dollars in order to realize the profits. Hopefully at huge gains.
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