RSS 2.0Atom
To add an specific blogger’s feed, simply go to their blog and click on their individual RSS link.
Can Apple Beat Gold?
Rating: 0.67 (3 votes)
Vote: 
InvestorPlace Blogs is powered by Marketocracy. Marketocracy has authorized Investor Place Blogs as an official registrar for voting through Marketocracy's Investment Research Rating service. Registered members of InvestorPlace Blogs are linked with a Marketocracy account to establish voting power based on their performance of trading and posting on stocks.
The question of the week is all about Apple and what it will do. Go up, down, or sideways? I bought it a few years ago at under ten so I don't care what it does. But I do care what the price of gold does and I'll wager that gold as well as many gold mining stocks will beat Apple all year long. The Fed needs to cut rates. That drives the US dollar down and drives gold up. Gold is an inflation hedge. Anybody out there besides the Fed and the Prez believe that inflation is under control? If so, please read the last two issues of "The Economist." Pay particular attention to the charts on the back pages where they list the percentage that various commodities rise every week. It's large, folks, double digit large. Then please google US Gold and go to the company's website. The chart showing the Dow to gold ratio smacks your eyes as you hit the site. Read all the data; it's mindboggling, but informative. Gold has a very bright future. Oh, if you still like Apple, wait for it to bottom and buy and hold. Like me, eventually you'll be rewarded because it is a good company with solid products and excellent management. | ||
