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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: shades who wrote (52595)2/4/2006 12:09:15 PM
From: Claude Cormier  Respond to of 110194
 
The questions is how many are really investing in gold and how many are rather substituting US dollars for gold.

Gold is not something you invest in. It something you buy as a store of value or to use as money. You invest in gold stocks.

As the US dollar collapse, how many will decide to permanently hold onto their gold and maybe use it as money.



To: shades who wrote (52595)2/4/2006 2:20:47 PM
From: ild  Read Replies (1) | Respond to of 110194
 
I view most GLD investors as LTBH because traders are better off using gold futures.
If some mutual fund went through all the trouble of creating new GLD shares they are not going to sell them (redeem shares, get physical gold, sell gold) for 5% gain.