Gold trends
Owning gold – a small downside with a huge upside.
When you invest money there is usually a reasonable upside and a huge downside. Just ask anyone who invested their savings in Enron or with Bernie Madoff. Yes, those are extreme examples. But there are thousands of other cases where honest people invested their savings in the hope of a reasonable growth in their savings, …
Herds of foolish people buy gold when the price is rising fast. Wise individuals buy during corrections.
People behave in curious ways. And human behavior when buying gold is no exception. But before we focus on gold, let’s take a look at when and why people buy just about anything. Look back to the tech bubble of the late 90s. Smart investors jumped in early. Amateur investors kept on buying as technology …
Will gold continue to rise indefinitely, or are we close to the top?
Given the unusual volatility of gold prices recently, that might appear to be a tough question to answer. The gold market it not used to the level of attention and activity it has attracted in recent months. With economic woes headlining in both the US and Europe, investors have fled to gold as a safe …
How to profit from a ride on the gold price roller coaster.
Normally, when gold prices go up and down like a roller coaster, it’s enough to give you ulcers. But right now, with the longer-term trends still pointing upwards, dips or corrections in gold prices are a gift. They give you an opportunity to buy more gold before the next leap upwards. In the words of …