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Archive for the ‘Gold’ Category

Like gold, but different, better, but still a commodity.

My take that gold was not a measure of anything except the desire to hoard – and my six reasons why gold is not a currency anymore brings me to my thesis on silver. Argentinum. Silver has been separated from lead and used in jewelry from 3000 BC.  Now silver is a lot unlike gold. ...

Gold – a useless commodity, and an even worse indicator of anything.

10.27.2008 · Posted in DJIA, Gold, investment, platinum, S&P, silver, Uncategorized

Every time the market fluctuates to the down-side, we seem to get inundated with Gold advertisements – with all sorts of theories including: a. One that gold’s price – after accounting for inflation is at a fraction of (your favorite year here)’s quotation. b. The Dow/Gold theory that one unit of gold will equal the ...