Thursday, January 29, 2009

Gold, is now the time?

http://ftalphaville.ft.com/blog/2009/01/29/51827/gold-is-the-new-money/

However the percentage change in the last bull market low to high was 764% (A perfect Fibonacci ratio interestingly enough). A repetition of that this time would target a price of $2,178.


So you can chase another bubble.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aqvwUIqllyRc

Nor are they the only ones.

No comments: