How to Hedge Against a Bear Market (Could that mean gold and silver?)
At investorguide dot com, Ayush Singh comments today that he finds it hard (as many of us do) to understand how the stock market keeps the SP500 around 2100 amid "falling earnings, increasing growth concerns, and a slowdown in overall world economy".
He's recommended Barrick Gold (which some goldbugs have misgivings about, it's a long story...), he says, at $12, since when it has gone up about 60%.
He also suggests finding overvalued companies for shorting. For a hedge against the stock market failing, he recommends Yamana Gold (AUY), IAMGOLD (IAG), Silver Wheaton (SLW), Goldcorp (GG), and Pan America Silver (PAAS).
I'm sure with my luck if I bought those (long), they would go down immediately! |
