40 Years In The Desert: Some Investment Advice

30 April 2010

Some Investment Advice

If you are investing in gold, and I don't recommend it as an investment, then you probably that the yellow metal hit $1,180/oz (Troy) today, an all time high for the year.

This is about the time that the professional traders engage in "profit-taking," meaning that they will be selling.

Might be a good time for you too.

1 comments:

DJ said...: Hi Mat;

You may wajnt to check the winter/spring fractal before selling. Particularly with the PIIGS situation coming to a head, the indicators are that gold has a ways to go up yet.
http://www.financialsense.com/fsu/editorials/2010/0430.html; 02 May, 2010 04:59

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Matthew Saroff, Mechanical Engineer, Owings Mills, Maryland, US

A member of the Democratic wing of the Democratic party, and a fan of Howard Dean who thinks Neoliberal (DLC Type) Economics sucks.

Mechanical Engineer with a background in defense, electronics packaging, medical & food equipment, transportation, and manufacturing.

I ~~am currently catless, and not happy about this~~ have recently acquired two cats, a tortoise shell tabby and a black cat who keep me on my toes.

I am a Jew and a Zionist, who is married to a woman with exquisitely bad taste in men, and I have two remarkable children with her.

What is 40 Years in the Desert?

This blog is a place to put my stream of consciousness thoughts about life, politics, technology, and cats.

It's a posting ground for my more-or-less annual personal newsletter, 40 Years in the Desert.(PDF's available at link)

I find that if I wait until year's end I miss stuff from earlier in the year.

40 Years is put out the old fashioned way, it's printed out on ledger sized paper with 4 pages and mailed to people, total circulation of about 100.

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30 April 2010

Some Investment Advice

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