$48.99 0.74 (+1.53%)
12/3/2009 3:59 PM

Central Gold-Trust (GTU)

CAPS Rating: 4 out of 5

The Company is an investment holding entity created to invest of its assets in gold bullion, with the primary investment objective of achieving long-term appreciation in the value of its gold holdings.

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Member Avatar gmXmkttiming (23.91) Submitted: 1/23/2009 2:34:10 PM : Underperform Start Price: $35.56 GTU Score: +4.95

Jstegma's (99.82 rating) pitch on ABX. I reprint it here, "There is a lot of dumb money in gold. The same sort of people who bought into the dot-com boom in 1999 and bought into the housing boom in 2006 and believed oil was going to $500 a barrel last summer.

Now it looks like oil is going to $5 a barrel and gold is going to $5000. Or maybe my friends the "dumb money" will continue their streak of idiotic rallies that end in tears."

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Member Avatar kaskoosek (99.76) Submitted: 7/18/2009 6:57:33 AM
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Obviously not a very bright position.

You have too much faith in fiat currencies.

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