a gold portfolio strategy for comment, page-4

Nice post Paladin,

I will rip into you as requested.

If you think the $US is going down then you can back it in that its going up.

The most obvious play in the world is 'short' the $US.

Every man and his dog is screaming 'short' the $US

That is why it is wrong.

Another reason is that heaps of people are asking me about gold.

My FATHER IN LAW asked me about putting some money into Gold around 2 months ago.

I told him to buy gold 6 yrs ago.

He wasn't interested at $325 or thereabouts,but at $950 odd he suddenly wants to invest.

The most obvious trades are always wrong.

Long Gold /Short the $US is the most fashionable trade in the entire world.

I bet it is wrong.

This is just my opinion.

You sound like a clever dude who puts plenty of time and thought into your investments.

You did invite comments and this is my comment.

Good luck.