Written by Goldfinger
The investment world has gotten a lot harder to navigate in the last few years. Gone are the days when you could call up your broker and tell him to just put the money a Mutual Fund that racks up double digit numbers every year. Gone also is the prospect of living off the interest from your money. If you do get any interest it is most likely sucked up by inflation.
Over the last ten years it is generally thought that gold was one of the best investments. Recently it has had a bumpy ride. It might be interesting to see how gold measures up to some of the other sectors. Hat tip to beststockmarkettrading for the first 3 charts and Yahoo finance for the fourth chart.
U.S. Stock-Market ~ Year-to-Date ETF Sector Funds
International Markets ~ Year-to-Date ETF Index Funds Performance
Commodities ~ Year-to-Date ETF Index Funds Performance
Treasuries ~ Year-to-Date ETF (TLT) Index Funds Performance
Gold has had a nasty ride this year comparative to other investments. Silver, however remains one of the best choices.
As much as I love gold and silver, I believe it is in a correction mode - as well as possibly the rest of the market. I would not be a buyer of anything until the correction is over.