Prospective Value

The Safest Place for your Money (and no, it is not Gold)

For the sake of brevity, I will not go into great detail to explain why inflation is a real risk in the medium to long-term. Very astute and renowned investors have commented on inflation and I will let their words convey the point.  (more…)

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Speculative Gold (GLD)

There are two reasons to be weary of going long gold at this point as an investment. The first is that not only are the financial commentators prodding the public but so too are commercials on nearly every channel. This is the quintessential example of what should raise an investor’s eyebrow.  The second is that gold has formed the typical double top at $1,000 as shown on the GLD chart.

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