How many weeks or months does Long-term mean? Thanks
【在 N********n 的大作中提到】 : : Hold. This is only a short-term PET raid. Gold's long term strength : remains solid.
y*o
30 楼
then why German wants its gold back from USA? Why the central banks all over the world use gold as one of the reserve? As long as all the central banks use gold as the reserve, gold is precious. If china and japan in war, if us default on debt(or just printing more money ) the gold will soar. The reason gold is down these days is because people are buying more stock and consider US economy will recover good and inflation will be low for a while. However, from a long term view, I do not buy this opinion. Gold will be up when debt ceiling comes.
if you see the gold price from 1950, 1980 or 1900 to now. That is long term
【在 q****g 的大作中提到】 : How many weeks or months does Long-term mean? Thanks
l*y
33 楼
我就等着aapl上500,出水了我就卖了。 同觉得很难再上700。那时候aapl抄的太热了,水分太大。 l
【在 y*******o 的大作中提到】 : aapl is doomed. I think it will not go back to 700 forever. : Gold should be fine till debt ceiling.
k*n
34 楼
then why people want to hold dollar, euro, yen or rmb when the interests are next to nothing? matter of fact, gold just made a 15 years high against yen (I am surprised that gold's all time high in yen is still in 1980, this tells how much more room yen can keep falling) learn how to look at gold in the right perspective
nobody holds dollar,euro,yen. they hold stocks, bonds, houses.
【在 k***n 的大作中提到】 : then why people want to hold dollar, euro, yen or rmb when the interests : are next to nothing? : matter of fact, gold just made a 15 years high against yen : (I am surprised that gold's all time high in yen is still in 1980, this : tells : how much more room yen can keep falling) : learn how to look at gold in the right perspective
k*n
36 楼
not only a lot people hold a lot fiat currencies there is an entire market for people trading these currencies learn little something don't just think stocks, bonds and houses are the only investment assetts available on the market
【在 s********i 的大作中提到】 : nobody holds dollar,euro,yen. they hold stocks, bonds, houses.
s*i
37 楼
That is because they either need currencies just as you hold fiat currencies your checking account or they think they can make money by trading currencies just as you trade anything. in the second case, they don't care what they trade, currencies just a medium. When Soros trade currencies, do you think he cares if it it is fiat or gold? for regular people, the purchasing power is what we care, as long as it can maintain the purchasing power. it does not matter if it is fiat or gold.
【在 k***n 的大作中提到】 : not only a lot people hold a lot fiat currencies : there is an entire market for people trading these currencies : learn little something : don't just think stocks, bonds and houses are the only investment assetts : available on the market
k*n
38 楼
currencies then you have answered lz's question "还有人去买这种溢价的Dead Assets" that's my point if people trade fiat currencies, what's strange for trading gold? if people hold fia currencies, what's strange for holding gold? can so you are on my side too. gold beats any fiat currencies on maintaining its purchasing power over the long run. I guess I don't need to give you examples on this.
【在 s********i 的大作中提到】 : That is because they either need currencies just as you hold fiat currencies : your checking account or they think they can make money by trading : currencies just as you trade anything. in the second case, they don't care : what they trade, currencies just a medium. When Soros trade currencies, do : you think he cares if it it is fiat or gold? : for regular people, the purchasing power is what we care, as long as it can : maintain the purchasing power. it does not matter if it is fiat or gold.
s*i
39 楼
i don't see why you keep talking about fiat vs gold? everybody knows fiat currencies devalue with inflation. however, there are many asset classes, gold is not the only choice and not always the best choice either.
【在 k***n 的大作中提到】 : : currencies : then you have answered lz's question "还有人去买这种溢价的Dead Assets" : that's my point : if people trade fiat currencies, what's strange for trading gold? : if people hold fia currencies, what's strange for holding gold? : can : so you are on my side too. gold beats any fiat currencies on maintaining : its purchasing power over the long run. I guess I don't need to give : you examples on this.
k*n
40 楼
who said gold is the only choice? don't put words in others' mouth. putting gold together with other fiat currencies is because they should be considered as one investment class, the so-called "dead assets" from LZ, as neither of them gives a yield (interest rate is next to nothing now). I was only giving LZ a perspective to understand the question he had. Not generating a cash flow should not be the reason not to play gold. That's it. If you can't understand the simple logic, stop wasting time on this issue. There are plenty of cash flow plays that I am enjoying. Check my posts on investment board on MLPs. My play of NTI and ALDW is giving me 20-30% yield (will vary quarter to quarter though) and nice capital gains too.
【在 s********i 的大作中提到】 : i don't see why you keep talking about fiat vs gold? everybody knows fiat : currencies devalue with inflation. however, there are many asset classes, : gold is not the only choice and not always the best choice either.
s*i
41 楼
i see your point now. that makes sense.
【在 k***n 的大作中提到】 : who said gold is the only choice? don't put words in others' mouth. : putting gold together with other fiat currencies is because they should : be considered as one investment class, the so-called "dead assets" from LZ, : as neither of them gives a yield (interest rate is next to nothing now). : I was only giving LZ a perspective to understand the question he had. : Not generating a cash flow should not be the reason not to play gold. : That's it. If you can't understand the simple logic, stop wasting time : on this issue. : There are plenty of cash flow plays that I am enjoying. Check my posts on : investment board on MLPs. My play of NTI and ALDW is giving me 20-30%