GOLD 0.51% $1,391.7 gold futures

the great gold yawn.. but its time to buy.., page-9

  1. 427 Posts.
    "ive been on this pony whipping it for 4 years now and im thinking will it get a move on or fall over dead?"

    so you would have enjoyed an increase from $85 up to $136, or 60% gain in on extremely low risk and reliable pony, thats %15 per year, or 3 times what the banks would offer you......not a bad bet, not one that will "fall over dead", nor one that you will need to whip much to continue experiencing gains

    meanwhile yes RE stockes have soared, but you may recall one example of an RE stock that went from 20c up to 2.40c, back to 23c all very quickly

    i personally dont consider gold a pony, i consider it a safe, reliable, low risk, gauranteed source of income

    so if your arm gets sore from whipping, suggest using the other arm or just sit back and enjoy the ride

    of course - DYOR
 
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