Re: Where do you keep your Savings?
First, let me say at the outset, I learn a lot about a genial and calm style of writing from you - and try (sometimes unsuccessfully) to incorporate it.
Allow me to state the reason for my confusion - you had indicated “everything published in it for 2 years turned out to be correct”. It was not clear you meant everything related to Gold.
Let us assume everything about Gold was true in that magazine for the last two years. I would respectfully submit that 2 years in a bull market is not a long enough time to judge a magazine’s record. During the 1997-2000 Tech boom, every Amar Akhbar and Anthony was a bull - and they were right for 2-3 years - till the bottom fell off.
IMO, one should look at the long term record of any publication. And long-term in my book is more than 2 years, more like 10-15 years.
I would be curious to see what the magazine’s recommendation was when Gold was at 250 about 7 years ago.
No, I have not bought Gold, because I do not understand it. And I do not chase any asset class that has had a huge run-up.
As always, I hope your future is Golden, MissFreudian!