Opinions posted by JoeGoldbug

Showing 8 - 8 opinions.

Dec 02 2009 at 10:51AM (EST) (By JoeGoldbug)

GOLD+SILVER: Why all the fuss...now?

I must admit, it's fun for me to sit back and read/watch all the hullaballoo being made about these two metals recently, here at MG, on CNBC, and so on. What I don't get is, what's the big deal all of a sudden? Did I miss something? Did the financial cr...

1 Comments Symbols:  MG, GOLD, NOW, CNBC

Oct 12 2009 at 10:21PM (EST) (By JoeGoldbug)

Gold: it just won't go away, will it?

Hello, friends--as you may know from my previous "Barber shop observation" postings (it's been a while), I find it telling to make note of Joe-Public's more-often-than-not disinterest in the yellow metal. Many months later, and with gold at least $100/oz...

13 Comments Symbols:  CEF, MG, SVM, USD, ETF

Jun 01 2009 at 7:41AM (EST) (By JoeGoldbug)

Third time's a charm for Gold?

While I'm not so sure the yellow metal will finally succeed in leaving the $1,000 mark in the dust during this most recent rally, its quiet strength could easily give way to explosive power should the dollar decide to go "kamikazee." The buck is now fl...

2 Comments Symbols:  PM

May 11 2009 at 8:44AM (EST) (By JoeGoldbug)

Gold, paper money, and fairy dust.

Gold and the dollar have been curious dance partners over many months, oddly moving in tandem one day, diverging in performance as most would expect another day. I suspect, however, we may soon see a return of the metal's historical pricing tendencies, ca...

5 Comments Symbols:  SLW, CEF

Mar 24 2009 at 9:06AM (EST) (By JoeGoldbug)

More barber shop talk.

I've always found my local barbershop to be a superior (and often on-the-money) contrarian market prognosticator. It's uncanny how accurate this favorite indicator of mine has been over the years, and I sure hope Mike The Barber keeps his shears goin' ...

31 Comments Symbols:  TRA, SLW, GLD, UBS, CEF, ARE, GDP, SLV, GOLD, ROI, IRS

Feb 09 2009 at 10:05AM (EST) (By JoeGoldbug)

Forget "GOLD"-- play the odds, instead.

I don't post very often, but occasionally I like to chime in when I hear the chatter pick up over gold. Over the weekend, I overheard a conversation at my barber shop that went something like this: "why would you bother investing in gold? It's just a ...

25 Comments Symbols:  TELV, GDP, UUP, CA, UDN, RE

Dec 28 2008 at 12:14PM (EST) (By JoeGoldbug)

Deflation and Gold

Helicopter Ben is hard at work at his best attempt at preventing his worst fears from materializing (the dreaded deflationary death spiral). Many argue that deflation is already upon us. Many more make the case that in such an environment, all asset cla...

22 Comments Symbols:  GLD, SLW, AU, GDX, NEM, SLV, S, RGLD, ETF, AUY, CEF, DGP, TELV, AP, PTM, DZZ

Dec 17 2008 at 9:22PM (EST) (By JoeGoldbug)

The only GOLD indicator you need...

Contrary to popular belief, gold itself does not appreciate in value--never has, never will. The dynamic is simply one of relative value vis a vis the fiat currency it is measured against. I've always gotten a chuckle reading and listening to prognostic...

3 Comments Symbols:  F, GOLD
Showing 8 - 8 opinions.

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JoeGoldbug

  • Returns
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  • Monthly Avg1.20%
  • (Vs. S&P 500)0.86%
  • YTD-14.23%
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  • Member SinceOct '08
  • Trades/Month2.6
  • Sectors Basic Materials
  • Risk
  • Volatility (STD)High
  • S&P Correlation (R²)28.4%
  • Beta1.25
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