Thread: Gold

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  1. #1
    Stocks/Investments Moderator boneil's Avatar
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    Gold

    The gold bugs are probably freaking out a bit. Gold is at multi year lows and the charts are awful. I think there are alot of retirement accounts holding gold as hedge. But not sure what it is hedging at this point or in the foreseeable future.

  2. Ya, I Live on Rainy Lake! basscla's Avatar
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    #2
    Never invested in it.

  3. Member
    Join Date
    Dec 2007
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    Soddy Daisy, TN
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    #3
    I have a gut feeling the gold decline will be followed by a broader stock market decline. The smart money will probably buy cheap gold right before the stock market rout.