Quantcast

Commodities





Commodity News

Commodity Prices : MCX, NCDEX, NMCE, Spot Rates

Commodity Trading Tips

For medium and high value investors
For brokers,sub brokers and high value investors
For those who trade in just one commodity
For those who trade in Mini Lots

Equity Trading Tips

Intraday Futures and Option calls
Specially filtered 4 to 7 calls per day
For those who trade in just one commodity

Commodity Outlook

Reports

Last Updated :May 26, 13:58 IST
149.2     (-0.3)
3258.5     (-9)
777.5     (0)
Get MCX/NCDEX/NMCE Futures Rates
Last Updated : 05 November 2009 at 16:05 IST
Follow us on and for updates

Bullion: Investment mania grips gold and silver

 SHARE THIS STORY
0
2
How about you – are you feeling bombarded by TV and radio ads and segments on precious metals investment? Do you have the clear impression gold and silver are the hot new investing trend around the world? Are you Tivo-ing certain TV shows because of all the great info they provide about picking the next great gold stock?

If we were in a Mania, Bert, all of this would be happening. But it's not. Those who Buy Gold in the US are still largely viewed as members of a fringe group. There is no public discussion on gold, no insider tips on the latest hot gold stock, no special reports on how to store all the bullion you've collected. The psychology isn't on our side yet. One signal does not a Mania make.

Last and perhaps most important, Bert, are you sure the Dollar is done falling? You're absolutely convinced we won't see price inflation? Our current debt load won't pose any future problems? No more worries about foreigners buying all that debt? Obama and Bernanke really have saved the day?

Bert, send me your shorted gold positions, I'll buy them from you. And although the gold price could see a correction in the near term, and several more along its journey to "the top", remember that battle in early1942 and all that had yet to occur before the war was over.

And one more thing: when you finally become breathless to Buy Gold stocks, I just might be ready to sell them to you.

Courtesy: www.bullionvault.com
2
MCX WHEAT 01 January 2020 contract was trading at Rs 0 . What's your view on it?
Post your comment  (1)
Connect:
Post to Twitter
Post to Facebook
Claudia del Baccia  Posted On : Mar 24, 2010 5:05 AM
I guess the only safe invesment at the moment is GOLD and SILVER, there is a price-compare-page http://www.Bullion-Investor.com