I like the graph from the rebuttal. Sure maybe investing in gold has been a better bet then being in the market, but it hasn't been a hedge against inflation just a hedge against a depressed and often volatile market. While the predictions may have been correct some of the analytics still seem to be incorrect and may prove disastrous in the future.
The problem is that gold is not inherently money or a store of value and has the same exposure to market issues as any other good. Sure the gold market has its own characteristics, but it does not mean it is bubble proof.
I will have to disagree with Noah that Zero Hedge gives real advice on trading. ZH is more of a clearing house for unpopular economic ideas. There is not ZH index of stocks other then maybe not being in the market or just investing in gold. Sill I will agree there is a hyper-testosterone driven culture that makes the site almost unbearable and casts even useful analysis as childish just by its tone. Just look at the comments here or on zero hedge to see what I mean.
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