A few days back there was a post saying why you should buy gold. Of course there could be enough reasons to sell gold. I could not think of many more reasons, here are a few: 1. It is a contrarian call – when every body is buying, maybe selling makes sense (oops you could […]
There are many reasons to buy Gold and hold it. Of course tomorrow I can give you many reasons NOT to own gold also. One reason NOT to own gold is the recent phenomenon in its price. For example if you had invested in gold in 1980 (US $ 590) today it would be worth […]
Well frankly I do not know whether it is a good time to invest in gold or a great time to get out of gold. But let us look at the obvious reasons to buy or sell. Obvious reasons to buy: 1. The world is busy printing money so value of currencies will fall but […]
Many people have been asking me this question. I thought I will wear the hat of an investment advisor in US and look at the world markets and see what to do. So here it is. Not too useful I am sure, but here it is: 1. All Central Banks are printing notes – so […]
Gold: buy or sell? Most mothers (in India for sure, internationally, I do not know) are telling their sons and daughters – Gold is far better than the shares that you have. In the last 1 year it has given 32% return vs. -45% in your shares, so buy gold. To most common people this […]
I normally do not put such quotes on my blog. But Marc Faber’s comment about the bailout was just too good. So here it is: “Dr Marc Faber, the investment guru commented on the American Economy as “The federal government is sending us a $600 rebate. If we spend that money at Walmart, that money […]
It is funny how politicians react to a difficult situation. And the similarity and predictability of their reaction. When commodity prices go up, our great Chidambaram bans price discovery! A study can clearly show that the prices of goods are influenced by demand and supply. When demand for a product increases, price increases and when […]