Buying the Dollar, Selling Gold? Amateurs…

Image result for little dollar imagesSelling Gold because the prices went down?  Don’t make the mistake many scared investors are making.  Read the following article to see why selling Gold right could be a mistake.

The dollar eventually rallied, big time, and gold sold off, big time. Some fancy names were caught up in this. Guys who you probably thought knew something: John Paulson. David Einhorn. Paul Tudor Jones.

If you’re buying the dollar and selling gold because you expect an interest rate hike, then that is a total amateur move.

Read More…

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s