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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (109347)1/5/2019 11:33:15 PM
From: Intrepid1  Respond to of 116837
 
Hello Rarebird,

The reason I'm not a big fan of the gold price rising is it would reflect a low dollar, high inflation economic environment plus it would also reflect investor anxiety over chaotic financial markets.

A few bright people I talk to in the gold mining business are very optimistic about a gold equity bull run this year. But then of course they say the same thing every year. <g>

I totally agree with your advice not to buy and hold gold stocks. This is one category of equities where buy and hold has proved to be a disastrous investment strategy.

Happy New Year everyone