Gold is Parabolic…WTF?
- Posted by Howard
- on February 28th, 2008
I am long PAAS, GOLD, SLW, GLD and Canada so happy, but really…
This is not going to end well for so many people.
I don’t read enough or know enough about gold to truly understand the move.
New wealth loves shiny things. Gold has generally risen during periods of inflation, global instability and a weak dollar, but history has never been kind to parabolic gold moves – at least for gold bugs that is.
I am so glad to be doing less and mostly watching stocks but am truly mesmerized by the surge and the deeper implications. Please continue to add your 2 cents.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
blog comments powered by Disqus-
Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
-
Recent Posts
- Momentum Tuesday…Cracks!
- Momentum Monday…The Law of Large Numbers and Why Apple is Stalling
- Is it a Tech Bubble?…NO…Just too many Wantrepreneurs
- StationCreator: Making Internet TV a Reality… Finally
- Momentum Monday…Netflix is Dead AND Apple is The Market’s Doctor
- The Stocktwits Social Heatmap – Finding Signal inside Stocktwits
- Tax Day….I am Not a 1 Percenter
- Momentum Monday…My Method to the Madness and Price Targets Are a Trap …
- Instagram and ZAGG …Sometimes It is More About the Product Than The Financials
- Instagram to Wall Street…You Failed!
-
Archives
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- March 2007
-
