SOMETHING YOU SHOULD KNOW

I hear a lot of nonsense about gold.

Gold is a commodity. Make no mistake about it. When commodities are strong, gold goes up. When commodities decline, gold sinks.

Check the enclosed chart (click on the chart to enlarge it). XME (ETF for metals) outperformed gold (ETF GLD for gold) by a huge margin. And I mean huge.

And please, avoid gold coins, unless you are an expert coin collector. I spare you with the details.

If you believe in a strong economy and inflation, gold (GLD) is not the right investment.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked Top Market Timer in 2009 and 2010 by Timer Digest

To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can review The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific money management needs.

I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes.

Disclaimer. No material here constitutes "investment advice" nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.