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.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.31+0.6%Nov 7 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (36586)7/5/2008 1:48:43 AM
From: energyplay  Read Replies (1) of 217620
 
I expect gold will be a reasonable haven, but not perfect. Because the gold market is small enough to be manipulated for the short term, gold holders might find other assets bottoming and then spiking upward (meaning opportunity going away) while gold stays in a trading range before it reaches its' (gold's) peak values.

Numerous forms of energy (coal, oil, NG, uranium, etc.) may be a better bet, and other asset classes - real estate, silver, platinum, who knows what else...

The other conclusion I come to is that it possible for the value of ALL asset classes to drop, leaving no good places to hide. This can be attributed to a change in investor's time horizons to much shorter. This usually occurs as the result of uncertainty -
like now.

A possible attack on Iran, worldwide depression, banks failing - any of those would qualify.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext