Archive for the ‘gold’ tag
The case for crude oil, through a GOLDen looking glass
Gold has skyrocketed and oil has dropped like a rock in the last few months, in case you were in a closet.
Here’s why I am long oil (USO) and am getting longer on dips:
Great short video presentation on the dollar (2007)
Although the below film is outdated and does not reflect the recent swing towards the dollar, it rings true and projects where it will go. I don’t see the other currencies being too successful either though, considering they aren’t gold backed either. That is why I strongly support gold silver and oil (GLD, SLV, USO or BP). I own USO and BP.
Gold & Silver will skyrocket if equities start to trend higher
Gold & Silver are jumping because of the proposed fed rate cut (lowers the value of the dollar), and if the market comes back the money people have invested in “safe” treasuries will be put back into the market and the dollar will drop like a rock, pushing gold & silver sky high. If you want to keep track of the dollar index it is (DX-Y.NYB), or just search dollar index.
How Buffett can be wrong with his latest move.
I just talked about this here, but I want to go over one portion of what Buffett said again. He said that there is a guarantee of inflation. There is not a guarantee of the economy turning around soon, although he is betting long term. So here’s my play and why I picked the investment class ratios I did.
