Gold Or Stocks, Which is the Favourite?
GOLD When mentioning "GOLD", I really mean Gold and Silver. Their fortunes are intertwined and rarely uncorrelated in price. Explaining where we are with gold prices is only half the story. Most people invest in gold via gold funds and gold ETFs. Certificates are easier - and safer - to keep in the house than the actual metal. But first, I want to discuss gold prices. The last time I talked about this asset class was in May, March, and February of this year. Indeed, it was only in February of this year that it was worth talking about gold after long spell of falling prices lasting 5 years. GOLD: a 5 year correction ends in December 2015 ; Source: BullionVault The chart on the left shows gold prices since their high in November 2011. Catching gold at the bottom was our goal by the end of 2015. We started buying in December. After three intakes, we watched and waited. GOLD in 2016 : finally making some money again; Source: BullionVault We accurately id...