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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (3614)	5/7/2010 7:34:48 AM
From: Real Man	Read Replies (1) \| Respond to of 220518

I have not changed my gold allocation, which is still 30% pm stocks, 70% physical, but I am comfortable with that. That market is very strong against a very strong dollar, which is a warning. Despite the crash, pm stocks were UP? SHTF is very bullish for gold, normally. As usual, pm stocks are much riskier than gold itself, especially if SHTF happens. Then there may be not enough gold for everybody. So, it could double. Gold is managed the same way as money, through fractional reserve lending. Thus, that market can be subject to the equivalent of a "bank run". One is much better off holding the physical. Gold is SHTF protection, and the fractional reserve lending tends to collapse during such events. That will send gold soaring. -g-