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Personal Finance and Investing

CaptainTruth

(6,591 posts)

3. I invest in precious metals mutual funds ...

Reply to RandySF (Original post)

Wed Mar 25, 2015, 10:35 PM

Mar 2015

... when the stock market (&/or dollar) is soft or declining.

In general, if the stock market is strong investors buy paper (stocks & bonds). If the market is weak, they buy metal (gold).

I kept an international precious metals fund in my portfolio for many years but finally sold it off last year. It just wasn't doing anything, with such a strong stock market.

I won't invest in metal again until I see the stock market stumble & start to decline, along with a corresponding rise in gold.

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How do you feel about precious metals? [View all] RandySF Mar 2015 OP

If you believe that inflation has the potential of being a big problem, in principle, it's not bad. lumberjack_jeff Mar 2015 #1

Personally I'd not consider it without serious advice from a serious investment advisor. elleng Mar 2015 #2

I invest in precious metals mutual funds ... CaptainTruth Mar 2015 #3

Instead, buy a metal fund or buy stock in a gold mining company. They follow the price of the metal, Hoppy Mar 2015 #4

Be careful about gold mining companies TexasBushwhacker Dec 2015 #13

As jewelry, yes. SheilaT Mar 2015 #5

Couple of big problems; A HERETIC I AM Mar 2015 #6

Agreed. Common Sense Party Mar 2015 #7

DUDE! Long time, no see! Howyabeen? A HERETIC I AM Mar 2015 #8

Hey, man! Doing okay. Common Sense Party Mar 2015 #9

Road is open! A HERETIC I AM Mar 2015 #10

Thanks, my brother! Common Sense Party Mar 2015 #11

Gold Falls Away From Key $1200 Level Michael_wood Apr 2015 #12

Platinum is less than gold right now TexasBushwhacker Dec 2015 #14

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