Monday, 18 July 2011

Right Time to Sell Gold

Don't look for a market top, a peak in the fear index, or a magic ratio.

          "When a unit of currency has a fixed equivalence to a unit of gold, 
            it's time to sell. Since the currency is good as gold  
            but earns interest and is actually useful in commerce, 
            it would be foolish to own gold".
                   Ian Nunn

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