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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Wade who wrote (32488)11/26/2011 11:49:12 PM
From: benwood  Read Replies (1) of 48092
 
"Reduce your exposure to bonds and all items that provide fixed interest rates. Similarly, reduce your exposure to stocks except the gold miners."

So... if you have a 401k which only has stock, bond, and MMF options...

Yer basically screwed I guess.

Last I looked, the very best any of the funds I could pick have averaged 3% over the past 10 years. Probably 2.5% after the recent decline.

By next spring, probably zero. The worst were far below zero, compounded annually, so slice off 30-40% if you stayed in any of them since 2000.

And those chuckleheads have the audacity to kick me out of some funds when I don't stay invested for 30 days, which happens sometimes now. A holes... it's not my fault they are peddling snake oil which I'm forced to purchase.
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