Are You a Gold Bug?

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Relevant
Posts: 505
Joined: Thu Apr 26, 2012 1:01 pm

Are You a Gold Bug?

Post by Relevant »

If so, you may want to look at gold's long term chart. Gold prices are driven up by fear and fear alone. During the greatest Secular Bull Market in our nations history from 1980 to 2001 Gold remained flat.

Gold peaked in 2011 and has been sliding since. Is this a new buying opportunity before a new dose of fear drives Gold higher or is the global economy on the mend?

Only time will tell but the long term yearly chart is signaling a change in the trend may be under way.

For my full article and analysis go to: http://relevantinvestments.com/fools-gold/

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Notice that gold volume is also supporting the price movement down.

isalihi
Posts: 12
Joined: Sun May 15, 2016 1:29 pm

Re: Are You a Gold Bug?

Post by isalihi »

I suppose yes I do consider myself a "gold bug."

I think 10% in physical precious metals is a smart move, though I know not everyone agrees...

Ray Dalio's all-weather fund is 10% metals and because of this, performed a lot better than many other investors in 2008 when the markets crashed.

Gold is still the safe-haven asset that protects your portfolio from market dips and crashes.

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Fund Prices2024-03-28

FundPriceDayYTD
G $18.15 0.05% 1.05%
F $19.08 -0.06% -0.74%
C $82.21 0.11% 10.55%
S $82.43 0.30% 6.92%
I $42.57 -0.24% 5.95%
L2065 $16.38 0.02% 8.37%
L2060 $16.39 0.02% 8.38%
L2055 $16.39 0.02% 8.38%
L2050 $32.73 0.01% 6.95%
L2045 $14.91 0.02% 6.58%
L2040 $54.38 0.02% 6.22%
L2035 $14.34 0.02% 5.79%
L2030 $47.67 0.02% 5.38%
L2025 $13.15 0.03% 3.43%
Linc $25.61 0.03% 2.82%

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