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S&P 500
7,473.47
(
0.37%
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US TECH 100
28,612.40
(
0.11%
)
Dow Jones
50,579.70
(
0.58%
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Brent Oil
101.17
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0.00%
)
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(
0.55%
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Rawnoc

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Rawnoc

Re: True Blue post# 280

Wednesday, 10/12/2011 3:38:19 PM

Wednesday, October 12, 2011 3:38:19 PM

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I fully understand the concept of buying hard assets. But I, like Buffett, believe price is more important than what you buy and everything is capable of being overpriced no matter how vital that hard asset is.

Speculation is the #1 driver by leaps and bounds for precious metals. Whether that speculation is correct or not remains to be seen, but IMO anybody who fails to recognize that it IS speculation for now driving it primarily is living on La-La Land.

Raw

Research & analysis on some of my favorite stocks is located on the sticky note on the SwingTrade board.

http://investorshub.advfn.com/boards/board.aspx?board_id=1781

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