I been buying into the Gold Trust (GLD) for a few years now. I think it is a good investment, especially if you believe that the dollar will continue to take a pounding and are looking for a good place to put some of you money in a hedge against inflation. Gold has had an incredible run over the last seven years or so, but I think it has a lot further to go, especially if the loose credit policies of the US government continue. Everytime the US government prints another dollar, it makes the finite supply of gold in the world that much more valuable.I don't think I would classify myself as a "gold bug", but do see the value in keeping some of your investment dollars here. If you are interested in a bullish perspective on gold, check out dailyreckoning.com This is the website of a contrarian financial service (Agora Financial) that publishes several investment newsletters. They have a number of free daily updates such as the Daily Reckoning and the Five Minute Forecast that I enjoy reading. The style mixes in some humro and takes a different view of some of the major news stories. They are different bearish on the current economy and big supporters in investing in gold, silver, and other commodities to a lesser extent. The free content alone is worth the occasional read and helps to provide some good arguments in favor of owning gold.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Rat