Stock Market Is Too "Iffy"

Dow Theory Letters
"The position of the stock market remains too "iffy." My suggested investment position has not changed. The basic position should be cash (T-bills, T-notes, money market funds) and gold, mainly gold the metal. Any other positions should be conservative and small, with stop-losses placed 5% to 8% under your purchase price.

Remember, gold is the safest and most liquid form of money. Gold can be sold at any time in any amount anywhere in the world. Gold is accepted by every nation; it's the ultimate in liquidity and safety regardless of how it is priced in any currency at any given time." (6/9/08)

 PRINT THIS PAGE   EMAIL THIS PAGE

Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.

Related Quotes: