Saturday, August 17, 2013

Money Show

I just attended the 3-day Money Show in San Francisco, where top investors, analysts, companies, and broker/dealers had exhibits, made presentations and dispensed financial advice.  Not one was bullish on gold.

This tells me gold and silver will continue their recent upswing.  But don't listen to anybody.  Perform your own due diligence.

Predictably, most were explaining to hopeful investors on how to buy make money by identifying rising stocks.  A few, to their credit, warned that taking profits is never wrong.  I'm going to guess 90% of the crowd will guess wrong again, which is daunting because many people attending were pretty sharp.

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