GOLD 0.51% $1,391.7 gold futures

"Just how obvious is it???"Not obvious enough, given that it's...

  1. 1,182 Posts.
    "Just how obvious is it???"

    Not obvious enough, given that it's not there yet.

    Listen, some people really need to calm the hell down. We all know gold is a great hedge against inflation and exploding money supply, but it sits there and does nothing. It doesn't generate cash like investments like stocks, property, and even cash.

    Talk to the figures:



    But I'm more than happy to respect the current happenings right now, and it's that another round of QE may be on the cards. Might not be a bad idea to by some call options for gold for the ST, but LT my money's gonna be in quality companies generating great ROE.
 
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