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Gold

Started by Snort and Squeal, June 30, 2008, 09:03:08 pm

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Snort and Squeal

Anyone investing in Gold?  Or Gold Futures?  It's going through the roof!  I talked to a guy the other day that thinks this is only the begining and that it this is the new "Normal Low." 
Is it any coincidence that we bleed red???  I think not!

SultanofSwine

I cant say I would put much stock in that statement.

 

Hogginitall

Quote from: Snort and Squeal on June 30, 2008, 09:03:08 pm
Anyone investing in Gold?  Or Gold Futures?  It's going through the roof!  I talked to a guy the other day that thinks this is only the begining and that it this is the new "Normal Low." 

Was he selling gold, by chance?

ConwayHog

If I'm not mistaken, gold gets you roughly the return of inflation on a long-term basis.  But I'm not a short-term investor. 

Snort and Squeal

Quote from: Hogginitall on July 01, 2008, 10:10:44 am
Was he selling gold, by chance?

No...... Options trading.
Is it any coincidence that we bleed red???  I think not!

Snort and Squeal

Quote from: Pel Legs™ on July 01, 2008, 10:14:29 am
If I'm not mistaken, gold gets you roughly the return of inflation on a long-term basis.  But I'm not a short-term investor. 

He wasn't talking about making money on the long-term basis but looking at market trends and cyclical trends that lead to short-term gains.
Is it any coincidence that we bleed red???  I think not!