12-01-2009, 03:03 PM
We had a few discussions about gold a while back, but at the time it was stuck in a range and no really going anywhere. Since then it has quietly slipped up to $1200 an ounce. Gold bulls are coming on CNBC predicting prices anywhere from $2500 to $5000, and in the not too distant future.
So (with my usual skill of buying at the absolute top), I'm thinking of dipping my toe in again (probably wait for a correction, though).
What do you guys (particularly Breand) think is the best option right now? GLD? GLD options? Big miners? Small miners? Miner ETFs?
Year to date, here's some of the winners:
ABX +26%
GLD +36%
NEM +37%
GG +42%
AUY +80%
NAK +110%
RBY +295%
Or last month:
RBY +13%
GLD +15%
NAK +19%
GG +22%
ABX +28%
NEM +29%
AUY +30%
So (with my usual skill of buying at the absolute top), I'm thinking of dipping my toe in again (probably wait for a correction, though).
What do you guys (particularly Breand) think is the best option right now? GLD? GLD options? Big miners? Small miners? Miner ETFs?
Year to date, here's some of the winners:
ABX +26%
GLD +36%
NEM +37%
GG +42%
AUY +80%
NAK +110%
RBY +295%
Or last month:
RBY +13%
GLD +15%
NAK +19%
GG +22%
ABX +28%
NEM +29%
AUY +30%
Ex SWG, L2, CoH, Wow, and War
Currently PvPing in the stock market
Currently PvPing in the stock market