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Subject:  Re: Poll: Technical Analysis Date:  5/15/2013  3:09 PM
Author:  stillwater9999 Number:  17143 of 24844

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.

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