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


To: GROUND ZERO™ who wrote (42168)12/19/2012 3:52:29 PM
From: Keith Feral1 Recommendation  Read Replies (1) | Respond to of 222175
 
MS is dumping 6 of Paulson's funds. I think they will put the screws to the gold trade again, expecting a washout of all of his GLD holdings before the end of the year.

Having a hedge fun for Gold is just stupid. It was for everyone betting that Bernanke couldn't keep rates low and were duped into believing that Gold can outperform for another decade. 10 years of double digit gains is pretty incredible for any assets class. But, gold stocks look like they have almost no value with 19 PE's, no growth and 1.5% yields. NEM might be the only gold stock that makes sense in terms of risk reward, but it could go down to $40 or $35 before it's all said and done.