Why You Should SELL Gold & Oil....

[gugaplex]

Both of these sectors are at their HIGH's. The common mantra is "BUY low, SELL high".

To be a buyer of these sectors is down-right foolish.

My advice is to liquidate all oil and gold assets and buy tech and financials.

You will thank me later......

www.rationalinvesting.%%%%%%%%%%%%%

[inimyaudi]

at least you may be right about this one- your google post is questionable

[gugaplex]

Looks like gold has lost its momentum, and could see low 500's within a year or so....



http://rationalinvesting.%%%%%%%%%%%%%/

[gugaplex]

Perhaps mid $400's in 12-18 months!!!

[gugaplex]

Love it! Oil in the $50's, and gold in 500's. Little rebound may ensue, but should trend lower over next few years.


http://rationalinvesting.%%%%%%%%%%%%%/

[mighty]

Well seling gold yes- But selling Oil NO cause oil runs to many things even if more and more- Electric cars are made- they still need oil to make the metals for the car- Dont sell oil.

[gugaplex]

Good point, but all assets virtually factor all information into prices. What drives the price movements is the variance of the estimatations vs reality. If inventories continue to build for oil/gas, then the prices will continue to fall (and vice-versa if the inventories decline).

I think the inventories will continue to build. We shall see....