Comments on: A Simple Post on Gold http://www.mebanefaber.com/2009/01/29/a-simple-post-on-gold/ Stock Market and Investing Blog of Mebane Faber Tue, 11 Oct 2011 15:24:53 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: salvadorveiga http://www.mebanefaber.com/2009/01/29/a-simple-post-on-gold/comment-page-1/#comment-4360 salvadorveiga Sun, 16 May 2010 04:52:59 +0000 http://www.mebanefaber.com/?p=527#comment-4360 that is certainly very interesting.... we're talking about long only correct? that is certainly very interesting…. we're talking about long only correct?

]]> By: salvadorveiga http://www.mebanefaber.com/2009/01/29/a-simple-post-on-gold/comment-page-1/#comment-4047 salvadorveiga Sat, 15 May 2010 23:52:59 +0000 http://www.mebanefaber.com/?p=527#comment-4047 that is certainly very interesting.... we're talking about long only correct? that is certainly very interesting…. we're talking about long only correct?

]]> By: Darwin's Finance http://www.mebanefaber.com/2009/01/29/a-simple-post-on-gold/comment-page-1/#comment-1117 Darwin's Finance Mon, 02 Feb 2009 21:23:14 +0000 http://www.mebanefaber.com/?p=527#comment-1117 I like the gold play also for low correlation to equities and with our congress spending like there's no tomorrow, inflation fears will ultimately be stoked, even if it takes a few years to recover. I think the upside gain is a greater probability than precipitous decline. Not long now, but will probably take a 10% portfolio position soon. Might just go long instead of call spreads since you may repeatedly shell out premium spreads each period with nothing to show for it if gold doesn't run.<br><br>Unfortunately, I still hold shares of VIP and CEDC, each of which have strong ties to Russia/Eastern Europe. I like the gold play also for low correlation to equities and with our congress spending like there's no tomorrow, inflation fears will ultimately be stoked, even if it takes a few years to recover. I think the upside gain is a greater probability than precipitous decline. Not long now, but will probably take a 10% portfolio position soon. Might just go long instead of call spreads since you may repeatedly shell out premium spreads each period with nothing to show for it if gold doesn't run.

Unfortunately, I still hold shares of VIP and CEDC, each of which have strong ties to Russia/Eastern Europe.

]]> By: Tom http://www.mebanefaber.com/2009/01/29/a-simple-post-on-gold/comment-page-1/#comment-1113 Tom Sat, 31 Jan 2009 00:57:51 +0000 http://www.mebanefaber.com/?p=527#comment-1113 "is there anyone out there that believes that if/when gold breaks through the 1000 level that it doesn’t zoom straight to 1300 or 1500?" ----- Wow! Doesn't that make the contrarian in you expect gold to drop precipitously after hitting 1000? (grin) “is there anyone out there that believes that if/when gold breaks through the 1000 level that it doesn’t zoom straight to 1300 or 1500?” —– Wow! Doesn't that make the contrarian in you expect gold to drop precipitously after hitting 1000? (grin)

]]> By: bruce lawrence http://www.mebanefaber.com/2009/01/29/a-simple-post-on-gold/comment-page-1/#comment-1112 bruce lawrence Fri, 30 Jan 2009 22:35:55 +0000 http://www.mebanefaber.com/?p=527#comment-1112 Gold is at all time highs against most currencies in the world. americans who earn in dollars and spend in dollars tend to forget that all prices represent a spread or ratio between two items. When we say in the U.S. that gold is 900 we really are saying that 1 ounce of gold equals 900 dollars. Lately the dollar has been fairly strong and thus rather staabel against gold. So has the japanese yen and the Chinese yuan. But look at the price of gold for users of Euros or British Pounds or Australian dollars. Gold is rising substantially against those currencies. The plurality of gold strength compared to various fiat paper lends crdibility to the trend's viability. There are no major central banks looking to strengthen their currency in this economy. That is when gold is worthwhile. Gold is at all time highs against most currencies in the world. americans who earn in dollars and spend in dollars tend to forget that all prices represent a spread or ratio between two items. When we say in the U.S. that gold is 900 we really are saying that 1 ounce of gold equals 900 dollars. Lately the dollar has been fairly strong and thus rather staabel against gold. So has the japanese yen and the Chinese yuan. But look at the price of gold for users of Euros or British Pounds or Australian dollars. Gold is rising substantially against those currencies. The plurality of gold strength compared to various fiat paper lends crdibility to the trend's viability. There are no major central banks looking to strengthen their currency in this economy. That is when gold is worthwhile.

]]> By: Scott Berglund http://www.mebanefaber.com/2009/01/29/a-simple-post-on-gold/comment-page-1/#comment-1107 Scott Berglund Fri, 30 Jan 2009 14:35:44 +0000 http://www.mebanefaber.com/?p=527#comment-1107 Thanks Guru. Thanks Guru.

]]> By: Scott Berglund http://www.mebanefaber.com/2009/01/29/a-simple-post-on-gold/comment-page-1/#comment-1106 Scott Berglund Fri, 30 Jan 2009 13:35:44 +0000 http://www.mebanefaber.com/?p=527#comment-1106 Thanks Guru. Thanks Guru.

]]> By: guru http://www.mebanefaber.com/2009/01/29/a-simple-post-on-gold/comment-page-1/#comment-1105 guru Fri, 30 Jan 2009 13:15:50 +0000 http://www.mebanefaber.com/?p=527#comment-1105 I'm simply a stock chartist and have been writing about gold for some time (and I'm not a gold bug by any stretch of the imagination). You might be interested in my latest analysis of the relative performance of S&P, GLD and GDX (at <a href="http://stockchartist.blogspot.com/2009/01/cramers-take-on-gold-and-gold-producers.html" rel="nofollow">http://stockchartist.blogspot.com/2009/01/crame...</a>) I'm simply a stock chartist and have been writing about gold for some time (and I'm not a gold bug by any stretch of the imagination). You might be interested in my latest analysis of the relative performance of S&P, GLD and GDX (at http://stockchartist.blogspot.com/2009/01/crame…)

]]> By: guru http://www.mebanefaber.com/2009/01/29/a-simple-post-on-gold/comment-page-1/#comment-1104 guru Fri, 30 Jan 2009 12:15:50 +0000 http://www.mebanefaber.com/?p=527#comment-1104 I'm simply a stock chartist and have been writing about gold for some time (and I'm not a gold bug by any stretch of the imagination). You might be interested in my latest analysis of the relative performance of S&P, GLD and GDX (at <a href="http://stockchartist.blogspot.com/2009/01/cramers-take-on-gold-and-gold-producers.html" rel="nofollow">http://stockchartist.blogspot.com/2009/01/crame...</a>) I'm simply a stock chartist and have been writing about gold for some time (and I'm not a gold bug by any stretch of the imagination). You might be interested in my latest analysis of the relative performance of S&P, GLD and GDX (at http://stockchartist.blogspot.com/2009/01/crame…)

]]> By: Scott Berglund http://www.mebanefaber.com/2009/01/29/a-simple-post-on-gold/comment-page-1/#comment-1098 Scott Berglund Fri, 30 Jan 2009 01:53:20 +0000 http://www.mebanefaber.com/?p=527#comment-1098 Amazingly gold, from 73-07 had a standard deviation of 30%, yet adding it to a stock/bond mix reduces overall portfolio volatility. Non-correlation is the strategic investors best friend! Can't wait for your book. Amazingly gold, from 73-07 had a standard deviation of 30%, yet adding it to a stock/bond mix reduces overall portfolio volatility. Non-correlation is the strategic investors best friend! Can't wait for your book.

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