Another Good Day To Sell Stocks And Buy Gold
A couple weeks ago I suggested it was a good day to sell stocks and buy gold (“An Opportunity To Sell Stocks And Buy Gold”, Wednesday March 19). Today strikes me as another good day to do the same. Even though that trade hasn’t worked out great so far, I still think it represents an opportunity to sell something that is going down at a higher price (stocks) and buy something that is going up at a lower price (gold).
On this subject, I want to recommend a Michael Kahn article on MarketWatch today “Portfolio, Heal Thyself: Five ways to avoid doing harm to your investments”.