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 -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (93189)8/7/2012 9:38:02 AM
From: carranza22 Recommendations  Read Replies (1) | Respond to of 217752
 
I wouldn't dream of psychoanalyzing you. Should have said that your views lack a sense of time. Shorthand at play in this medium.

You, not me, suggested that Q is a better investment than gold. As usual, it depends on the time frame, which you ignore. There're dozens of times frames which can be studied.

Over the past five years, gold has beaten Q by a factor of five. I started buying gold in 2007 so my earliest purchases have been significantly better investments than Q. My later ones require more analysis. I got out of Q during its dead money cycle around that time, and started buying gold. I made the mistake of trading it, with varying success, but it makes a clear cut determination of profits difficult. Year-over-year, however, it has treated me nicely.

I don't have the figures to make the comparison since Q went public, but I am sure they are available. I am equally sure that you can analyze things for your own purposes, using time frames relevant exclusively to you. I am virtually certain that any gold vs. Q analysis you make will be relevant exclusively to you as there will be few, if any, Q investors who invested at the same times you did. I personally find it best to chart my performance on a yearly basis.

So, yes, your views are chronologically challenged.



To: Maurice Winn who wrote (93189)8/7/2012 10:02:10 AM
From: Follies7 Recommendations  Read Replies (2) | Respond to of 217752
 
I think there is a difference between an investment and a store of value. You might invest in a cow which will produce milk and calves but you must feed it and care for it. You can't bury it in the ground for 1000 years and expect it to be worth anything. Same with QCOM , you can't stick your paper certificate in the vault for 1000 years and expect it to be worth anything.

Oil in the ground is a store of wealth, but it wasn't 200 years ago and may not be 200 years from now. But I suspect gold will be.