Why not? It would be honest. Being a shill is dishonest, would you not agree? Markets are cyclical. In the 1990s, it was tech stocks. Today, it is commodity stocks and commodities themselves.
What will "it" be next? Who knows? We'll figure that out when we get there.
To address your attempt to dismiss, someone buying the S&P 500 in 2001 would be sitting on a loss compared to just about anything else out there. So much for "the stock market always goes up."
What is gold's earnings and what dividend does it pay?
What is a house's earnings and what dividend does it pay? By this same logic, nobody should buy a house. Are you willing to tell people that?
Likewise, Cisco stock pays no dividend and GM has negative earnings. Invest wisely.
You *can* lease gold and earn a return on it that way. Likewise, you can open a Gold CD with Everbank and actually take the profits straight in $USD should you wish to do so.
Presently, the stock market indices are going nowhere; its a sideways market currently. A resumption of a bull market would require the indices to take out their 2001 highs and that just is not going to happen.
Profits are where you find them. There is no single magic bullet for anything. My personal favorite is this:
DJIA, 1971: 1000
DJIA, 2005: 10500
Total Return: 1050%
Gold, 1971: $35
Gold, 2005: $470
Total Return: 1343%
Makes one wonder if the market is simply running on inflation or not if Gold is outperforming it.
When Gold appears to have topped, I'll sell mine and move on to the next thing, just like when I sold out of the stock market in 2001 and plowed into commodities and gold - and laugh my way to the bank.
Where have I ever said anything close to that?
What is a house's earnings and what dividend does it pay? By this same logic, nobody should buy a house.
The difference is you can't live in your gold.
Presently, the stock market indices are going nowhere; its a sideways market currently. A resumption of a bull market would require the indices to take out their 2001 highs and that just is not going to happen.
Never?
Profits are where you find them. There is no single magic bullet for anything. My personal favorite is this:
DJIA, 1971: 1000
DJIA, 2005: 10500
Total Return: 1050%
Sounds a little low, you have a source?
Gold, 1971: $35
Gold, 2005: $470
Total Return: 1343%
You sure about this? Source?
When Gold appears to have topped, I'll sell mine and move on to the next thing, just like when I sold out of the stock market in 2001 and plowed into commodities and gold - and laugh my way to the bank.
Wow!! Did you sell out at the very top? Is this Warren Buffett?