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How would you put together a diversified coin investment portfolio?
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<p>[QUOTE="V. Kurt Bellman, post: 2160662, member: 71723"]I could wax poetic about why gold does what it does for 20 or more pages and give a two-hour lecture, but it would very quickly run afoul of CT rules about political commentary. In short, I believe the "taking physical delivery" portion of the gold market is dominated by those of a particular political philosophy, and the FAR larger paper contracts part of the market, the true 800 lb. gorillas in the room, are not as ideological or as emotionally attached to the physical metal and only care about trading contracts. They'll just as soon trade frozen orange juice concentrate or pork bellies as gold. More than that? I'd wade into troubled CT waters. The two market segments usually don't care about the same issues. In other words, one is playing defense against the financial end of the world, and the other one is laughing at the first one.[/QUOTE]</p><p><br /></p>
[QUOTE="V. Kurt Bellman, post: 2160662, member: 71723"]I could wax poetic about why gold does what it does for 20 or more pages and give a two-hour lecture, but it would very quickly run afoul of CT rules about political commentary. In short, I believe the "taking physical delivery" portion of the gold market is dominated by those of a particular political philosophy, and the FAR larger paper contracts part of the market, the true 800 lb. gorillas in the room, are not as ideological or as emotionally attached to the physical metal and only care about trading contracts. They'll just as soon trade frozen orange juice concentrate or pork bellies as gold. More than that? I'd wade into troubled CT waters. The two market segments usually don't care about the same issues. In other words, one is playing defense against the financial end of the world, and the other one is laughing at the first one.[/QUOTE]
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