No I cannot give you a link, all my experience is near 30 years ago. I have been retired for 25 years! All this was in the glory days of the 60s, 70s, and 80s. and reading a prospectus and annual report was a fascinating experience in translation, especially in the mining boom. I have been suspicious of those wanting my money ever since! OC
Hi All, Does anyone have read Jim latest book ? http://pro.portphillippublishing.com.au/s8rsigoldsegb/WRSIS801/?h=true I wonder if it is easy to follow and give some better understanding of when to buy & sell Gold ?
Easy to follow and summarises gold very well in my opinion. Market timing isn't mentioned, apart from get physical because one day, fairly soon in the scheme of things, you won't be able to obtain it.
Well, at least since he mentioned about it last year, Gold has gone up 8.4%: Source: http://goldprice.org/ So clearly he has spoken about the good investment return since last year December 2015 Where else you can "park" your money safely and still earning / getting 8.5% return (yield).
Rickards advice was the same as gold was dropping, so your reasoning doesn't apply. Again, his advice has consistently been to keep 10% of your net worth in gold. I agree with that. Now what? You could have listened to anything he said in the last 10 years and have no further need to listen to anything else he says. He writes new books, but the same 10% advice is still there. Wake me when he says anything different.
Two blogs I find worth reading is lawrieongold and kiddynamitesworld. Compared to the likes of KWN, Jim Rickards ... nuff said.
