If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
Bob Brinker on gold
I was listening to the Bob Brinker radio show for a few minutes during
the Super Bowl power outage, and someone called in to ask about gold investment as a hedge against dollar devaluation. After saying he in NO WAY recommends Gold, he finally told the caller "well if you insist" on owning gold, that the caller put no more than ONE PERCENT of his assets in gold, and again, NOT IN PHYSICAL GOLD, but in the "GLD" stock market fund, which of course is a PAPER ASSET. I was just furious! How could someone recommend this advice which can only be described as professional incompetence??? |
Ads |
#2
|
|||
|
|||
Bob Brinker on gold
"Steve Spradlin" wrote in message
... I was listening to the Bob Brinker radio show for a few minutes during the Super Bowl power outage, and someone called in to ask about gold investment as a hedge against dollar devaluation. After saying he in NO WAY recommends Gold, he finally told the caller "well if you insist" on owning gold, that the caller put no more than ONE PERCENT of his assets in gold, and again, NOT IN PHYSICAL GOLD, but in the "GLD" stock market fund, which of course is a PAPER ASSET. I was just furious! How could someone recommend this advice which can only be described as professional incompetence??? ------ The guy gave his opinion. You disagree so he is incompetent? A lot of "paper assets" are outperforming gold in the market lately. |
#3
|
|||
|
|||
Bob Brinker on gold
On Monday, February 4, 2013 9:32:42 PM UTC-6, Steve Spradlin wrote:
I was listening to the Bob Brinker radio show for a few minutes during the Super Bowl power outage, and someone called in to ask about gold investment as a hedge against dollar devaluation. After saying he in NO WAY recommends Gold, he finally told the caller "well if you insist" on owning gold, that the caller put no more than ONE PERCENT of his assets in gold, and again, NOT IN PHYSICAL GOLD, but in the "GLD" stock market fund, which of course is a PAPER ASSET. I was just furious! How could someone recommend this advice which can only be described as professional incompetence??? Primo, the idea of "professional incompetence" implies being in a "profession" and most people who buy and sell gold,silver and coins are simply "dealers", an idea which can embrace a wide spectrum of skill, knowledge, experience as well as inexperience combined with mornic vast stupidity. And gee, people who only blog and talk on the radio can spew their schtick without even having any money in the game whatsoever. Second, gold is not especially cheap at the present levels. Still, almost everybody should own some. If someone presently owns no gold, but had lots of assets and wanted some gold, they probably should ease in. They should only go all in at the present prices if they were really quite wealthy or if they had very very strong political opinions about the State and direction of our National Union. oly |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
RIP-U.S. Olympian and Two-Time Gold Medalist Bob Mathias Passes Away | casdon | Autographs | 0 | September 6th 06 07:05 PM |
For Bob | Sue H | Autographs | 4 | March 25th 05 02:54 PM |
Some More for Bob I | TC Blair | General Discussion | 0 | February 1st 05 05:51 PM |
One More for Bob | Blair (TC) | General Discussion | 4 | August 20th 04 02:38 AM |
FA: Gold! Gold! Gold! 24 hours to go -- sniper alert | Bob Flaminio | Coins | 0 | May 22nd 04 04:44 PM |