SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Welcome to Slider's Dugout
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: The Ox2/26/2008 11:30:23 AM
  Read Replies (1) of 50466
 
IMO,
50% of the price of gold is related to the fear factor. Its not the fear of terrorism, its the fear of what new (psychotic) move the current US administration might take to destabilize their own country or the world. I would guess that 60% of the price of oil is related to this same fear factor.

Pull up a gold Euro chart and you won't see the same hockey stick that's on the gold $ chart. The trend is still up but its not nearly as severe.

There is only one year left in this game and then the fear factor will probably start to fade away and fade away fast.

The gold trend is up and the trend is your friend. Play it, enjoy it but don't make more of it then there truly is. The same is true for almost every commodity.

The end is not near but it is coming down the pipe. At some point one should consider when it will be time to reposition out of commodities and into other investment vehicles.

The major investment houses are herding all the lemmings into commodities. One should ask themselves why?

TO
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News