GOLD 0.51% $1,391.7 gold futures

hobo-jo,I agree with what you say in your link 100%.The gold...

  1. 3,523 Posts.
    hobo-jo,

    I agree with what you say in your link 100%.
    The gold producers have to start paying good dividends IMO, to match banks etc to attract buyers.
    They should be able to do so if they are well managed and with the Gold price increasing.

    Otherwise they are just not worth the risk IMO.

    I have made way more on the Physical, just buying and holding, than I have on the shares.

    I am looking to quit my shares if they break even or at modest profit at best.
    May hang on to a few of the better ones.

    I hold them in a superfund and I feel like I am hanging my ass out as there is no stop loss safety, and it takes time to buy and sell, which is all pretty dumb really.

    It seems most of the options and processes in the superfunds puts you at a disadvantage in the markets so you can be preyed upon IMO.
    Will probably, as much as I hate doing so put it in cash!
    I see some suggesting Bonds will be the thing to be in if the Gov mandates a % must be held and to move in early to benefit first. Sounds like a money raising exercise to me and will possibly end in tears for the general public.

    Anyway I have gone off topic here.

    Cheers spanner
 
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