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URL:
http://boards.fool.com/najdorf-great-post-gold-is-sterile-and-produces-30685566.aspx
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| Subject: Re: Poll: Technical Analysis | Date: 5/15/2013 3:09 PM | |
| Author: stillwater9999 | Number: 17143 of 19486 | |
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najdorf- great post. Gold is sterile and produces nothing. That is not what life is about. Gold is not really like other commodities from what I see in that it has limited uses (jewelry, dentistry) and its price is not correlated with these uses. I do not invest in commodities either. I invest in great businesses with real revenues, earnings and cash flow and protectable moats when they are selling at prices that are cheap compared to likely future prospects. sw |
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