Turk argues that Gold Stocks are cheap relative Gold, based on the above chart.
I disagree, and here's why.
KWN Turk Gold Charts
There is an article over in King World News called The Most Important and Extraordinary Chart for 2012. Here's the chart:
Turk argues that Gold Stocks are cheap relative Gold, based on the above chart.
I disagree, and here's why.
Turk argues that Gold Stocks are cheap relative Gold, based on the above chart.
I disagree, and here's why.
Optimal Investing Strategy
This blog is about my search for the ultimate investing strategy - the one that, in theory, I could put on auto-pilot, and watch my wealth grow. My inklings at the start of this journey was that Value Investing in equities would prove to be the ultimate investing strategy, and along the journey I would learn an optimal algorithmic implementation that I could automate.
I still believe this to be the case, however, today, I do not see much value in equities. More so, the most undervalued asset at the moment, appears to be gold.
But, the point I want to make in this post is the gaming meta-strategy:
I still believe this to be the case, however, today, I do not see much value in equities. More so, the most undervalued asset at the moment, appears to be gold.
But, the point I want to make in this post is the gaming meta-strategy:
- Find the game with the highest expectation value.
- Play it in the optimal way.
Subscribe to:
Posts (Atom)
Subscribe To
Posts
All Comments