Three ways to tell when gold's bull market is over
Nov 24 2009 MoneyWeek
Today, I want to take a look at the bigger picture for gold.
As you'll probably know by now, I believe we are in a long-term bull market for gold and silver, so I hold a core position in these metals at all times. Of course I have my short-term trading money as well, to play any opportunities I see along the way. Sometimes I get these calls right and I make money, sometimes I don't.
Looking at the shorter-term picture for gold, I think sentiment is a little too euphoric, that there is too much hot money in the sector and so we are due some kind of shake-out. But I won't be selling any of my core holding. Because in the long-term I think we are going a lot higher. And, short-term, it is too easy to get the call wrong.
http://www.moneyweek.com/investments/precious-metals-and-gems/how-to-tell-when-golds-bull-market-is-nearly-over-94802.aspx?utm_source=newsletter&utm_medium=email&utm_campaign=Money%2BMorning
24
November
Three ways to tell when gold's bull market is over
Nov 24 2009 MoneyWeek
Today, I want to take a look at the bigger picture for gold.
As you'll probably know by now, I believe we are in a long-term bull market for gold and silver, so I hold a core position in these metals at all times. Of course I have my short-term trading money as well, to play any opportunities I see along the way. Sometimes I get these calls right and I make money, sometimes I don't.
Looking at the shorter-term picture for gold, I think sentiment is a little too euphoric, that there is too much hot money in the sector and so we are due some kind of shake-out. But I won't be selling any of my core holding. Because in the long-term I think we are going a lot higher. And, short-term, it is too easy to get the call wrong.
http://www.moneyweek.com/investments/precious-metals-and-gems/how-to-tell-when-golds-bull-market-is-nearly-over-94802.aspx?utm_source=newsletter&utm_medium=email&utm_campaign=Money%2BMorning