Gold,not stocks
- Thread starter Peter
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https://edition.cnn.com/videos/busi...s/video/playlists/business-markets-investing/.
Time to invest in Gold?
Time to invest in Gold?
Goldman Sachs boosts gold forecast for 2019
11.01.2019 12:29
(DHA) - Goldman Sachs raised its 2019 year forecast for investors' "safe harbor" gold, following the ups and downs of December.
Goldman Sachs increased its three, six and 12 month projections for one ounce of gold from $ 1,250 to $ 1,325, $ 1,300 to $ 1375, and $ 1,350 to $ 1,425, respectively. Thus, the current price of gold is projected to increase by 10.7 percent for the 12-month period.
Varlık Gold prices will rise as demand for safer assets is increased, Gold said Jeffrey Currie, economist at Goldman Sachs. The same is true for central bank purchases, as the geopolitical tensions increase and central banks will want to re-enter the gold market. Aynı
The slowdown in economic growth and concerns over the uncertainties in the Federal Reserve's monetary policy have affected the financial markets for several months. Risky assets fell in 2018 and the stock markets experienced the worst December since the Great Depression. However, according to Goldman, during this period, the gold left more than 4.0 percent since early December, leaving the markets behind.SPDR Gold Equities (GLD) earned around 5.0 percent in December.
. In the past few weeks, due to weak macroeconomic data in December, we saw sharp declines in risk sensitivity, concerns over the direction of growth and the concerns that the US economy is approaching weaker economies, Curr Currie said
SlyGuy
Active Member
It doesn't matter what anyone says or forecasts with regard to market direction... nobody knows anything. Not banks, not the FED, not Warren Buffett, not TV analysts, certainly not random forum ppl.
You want to understand and play all fields:
Usa stocks indexes or sectors or single stocks
Global stocks indexes or single stocks
Bonds
Real estate stocks or funds
Oil and commodities stocks or indexes
Gold
Cash
...and just alter your portfolio allocations as you feel appropriate to fit your own needs, goals, and comfort level.
For me, that usually means a little more gold and consumer staples and utilities stocks when I'm predicting bearish (ie market has been bullish too long) and a little more tech and small/mid size company stock when I'm feeling bullish (that should be most times, since the market has many more up or sideways days than down days). I always have a bit of everything, though. Basically, if you buy good things that are going down (or failing to go up), you tend to do fine... especially if they have a dividend. That seems counter-intuitive to buy things that are going down or recently did drop, but that is just how it works.
"Investing isn't about beating others at their game. It's about controlling yourself at your own game." -Benjamin Graham
To each their own
You want to understand and play all fields:
Usa stocks indexes or sectors or single stocks
Global stocks indexes or single stocks
Bonds
Real estate stocks or funds
Oil and commodities stocks or indexes
Gold
Cash
...and just alter your portfolio allocations as you feel appropriate to fit your own needs, goals, and comfort level.
For me, that usually means a little more gold and consumer staples and utilities stocks when I'm predicting bearish (ie market has been bullish too long) and a little more tech and small/mid size company stock when I'm feeling bullish (that should be most times, since the market has many more up or sideways days than down days). I always have a bit of everything, though. Basically, if you buy good things that are going down (or failing to go up), you tend to do fine... especially if they have a dividend. That seems counter-intuitive to buy things that are going down or recently did drop, but that is just how it works.
"Investing isn't about beating others at their game. It's about controlling yourself at your own game." -Benjamin Graham
To each their own