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Gold's Record As A Safe Haven Doesn't Glitter


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#1 tony

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Posted 18 April 2017 - 08:53 PM

O.K Ken, this ones for you:)






#2 KFord

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Posted 24 April 2017 - 07:53 PM

O.K Ken, this ones for you:)






Why is it for me?


I know Gold did well in the  great depression,  1970's, 1987, 2000-2003, 2008, & 2011.   Gold has gone up 15 out of the last 17 years.


 the past 17 years has been better than majority of assets even with the severe 2013-2015 bear market. plus it zigs when other assets zag (correlation)


I don't need anyone's opinions on it. I know when the environment is good and bad for certain asset classes. ex inflation & higher rates are not good for most bonds.  When governments start balancing budgets , stop running up deficits & get their finances in order that will be bad for gold.   When it gets overbought & overvalued I will avoid it like any other asset class. I like bear markets they change investors sentiment..... hence make that asset cheap.


8 year bull markets get me concerned... not optimistic like most on that asset.


Here are two great ###### you should watch.




Best Regards



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