gold heading to the $1500's, page-80

  1. 33,859 Posts.
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    danhoff,

    "Now what is really odd I think the world puts more than 5% of their investments in bonds and cash. That is odd putting a lot of money in something of NIL value".

    Bonds and cash are what most people would regard as normal investments, so I'm guessing you're way, way overexposed to pm dan, a very dangerous strategy indeed.

    Bonds and cash have thrashed pm's and gold equities for quite some time.

    Cash, since Sept last year maybe 2%.

    Bonds " " " " " 3% (depends on maturity and type of course).

    Gold since Sept last year -16%.

    XGD since Sept last year. -26%

    Cash and bonds not so bad after all.
 
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