Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Haim R. Branisteanu who wrote (160722)	7/30/2020 6:43:12 PM
From: TobagoJack	Read Replies (1) \| Respond to of 218605

Re <<Please tell me what will GOLD help you if you catch the more novel COVID 20 ... If the end run is to convert GOLD into fiat money - then OK, write puts buy calls and paper gold can be sold or bought back any time. Would remind you of Sukhoi Log in Irkutsk Oblast ...>> Whatever frame of reference / context Gold is put into, Gold is at least a consolation prize, meaning should one get whatever CoVid ##, but the price of gold went up, one got a consolation prize. W/r to the Sukhoi Log - sexy, very sexy. However true that in many senses it is easier to mine the financial markets to engage with necessary wherewithal with which to acquire Gold, than it would be to do actual mining to engage w/ Gold. It is difficult to beat the truth that from the get-go of year 2000 Gold is a winner Message 32860218 against the Dow, Nasdaq, S&P, QCOM, and Goldman Sachs, and one does not have the hassle of dealing w/ reading annual reports and listening to management calls. IOW, Gold is easier, more sure, and can take large allocation w/ less anxiety. Back testing year by year is easy and shows one hiccup of 2012. Going forward easier still, I suspect.