![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiwYzqhp0nMuj2ZEQfH2RC1CU90LDsfEPXASdg8K1iB9A846RlxhkZHuVUTOiwKq2QJcttqgVc0yu7RCl96WHAC9icTVyHeAIuq7cjAHfTGg_v5Ok94UpPEYCABT0fKSfBp-4vVmIL0H2eW/s320/charting.png)
Wednesday, April 20, 2011
All That Glitters
Gold has broken the $1,500 barrier. I am "in" gold stocks! When I bought in October of '08 gold was $718 per ounce and shares were $17. I should have bought much more. But then it could have gone the other way and then I should have bought less. Much less. Now gold is $1500 per ounce and shares are $70. It is mysterious to me that gold stocks have gone up much more than the price of gold. I do not understand everything but Life is good!
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiwYzqhp0nMuj2ZEQfH2RC1CU90LDsfEPXASdg8K1iB9A846RlxhkZHuVUTOiwKq2QJcttqgVc0yu7RCl96WHAC9icTVyHeAIuq7cjAHfTGg_v5Ok94UpPEYCABT0fKSfBp-4vVmIL0H2eW/s320/charting.png)
Subscribe to:
Post Comments (Atom)
I do enjoy seeing that capitalist glitter in your posts....lol.
ReplyDeleteAh yes, but even Karl Marx had to buy gas...
ReplyDeleteGotta go with JB ;-) Let's see now I have a half dozen 1 OZ Krugerands I bought for 400 US some years ago - time to get those things in a safety deposit box I think.
ReplyDelete