http://www.zerohedge.com/news/2013-04-26/gold-frenzy-india-continues-second-week-festival-approaches
Showing posts with label gold frenzy. Show all posts
Showing posts with label gold frenzy. Show all posts
Saturday, April 27, 2013
Friday, May 14, 2010
Why investors should resist gold frenzy
In an attempt to balance out opinions on financial assets, specifically gold, I have included the following article.
http://finance.yahoo.com/banking-budgeting/article/109557/the-gold-frenzy-why-investors-should-resist
Personally, these financial advisers demonizing gold missed the boat, and are rationalizing the missed opportunity on a decade-long bull market in gold. Their comments ring hollow and illustrate a complete ignorance of history, the role of currencies, and store of value.
Disclosure: long precious metals, and long gold and silver mining shares.
http://finance.yahoo.com/banking-budgeting/article/109557/the-gold-frenzy-why-investors-should-resist
Personally, these financial advisers demonizing gold missed the boat, and are rationalizing the missed opportunity on a decade-long bull market in gold. Their comments ring hollow and illustrate a complete ignorance of history, the role of currencies, and store of value.
Disclosure: long precious metals, and long gold and silver mining shares.
Labels:
currencies,
financial assets,
gold frenzy,
store of value
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