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Is it Time to go Long?

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  • #31
    Re: Is it Time to go Long?

    Long on gold that I can hold in my hand. Was considering getting back into the long stock game, but after today? No.

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    • #32
      Re: Is it Time to go Long?

      NO jmho Just me

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      • #33
        Re: Is it Time to go Long?

        Originally posted by Tulpen View Post
        Went long oil, uranium and gold at the close today.
        Not sure of the timing but - but looks good to me.

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        • #34
          Re: Is it Time to go Long?

          Originally posted by metalman View Post
          ok just ran the #s.

          started off 85/15 cash gold in 2001.

          when gold hit $1k i was 40% gold, 60% cash.

          gold at $750 i'm at 33% gold, 67% cash.

          all in all up 21%, 3.7% compound annual growth over 7 years.

          no one talks about this but the s&p has gone friggin nowhere in ten years while gold is up from $300 to $750... the only way to keep up with inflation, it seems.

          stocks don't do it.

          real estate doesn't do it.

          god knows bonds don't.
          You are preaching to the converted...

          The question remains: is 15% enough? I guess only time will tell.

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