On Gold Bugs!

By: Ian Campbell | Mon, Jun 27, 2011
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An article yesterday titled 'Taking Issue with Some Gold Bugs' - reading time 4 minutes - is written by Jordan Roy-Byrne of The Daily Gold blog. In the article, Roy-Byrne, a self-confessed "gold bug both philosophically and in terms of investing" takes exception to a number of 'gold bug' headlines and talking points, being:

As if out of a page 'from my own book', Roy-Byrne concludes by saying "one-way thinking with sensational statements can be dangerous and deadly to your portfolio. It is more sensible to be cautious, entertain foreign ideas and explain both sides of the coin". I find it refreshing to find an admitted 'gold bug' express what I think to be a balanced view, and will pay more attention to Roy-Byrne's comments going forward than I have in the past.

 


 

Ian Campbell

Author: Ian Campbell

Ian R. Campbell, FCA, FCBV
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Through the Economic Straight Talk Newsletter Ian R. Campbell shares his perspective on the world economy, the financial markets, and natural resources. A recognized business valuation authority, he founded Toronto based Campbell Valuation Partners (1976), Stock Research Portal (2007) a source of resource companies market data and analytic tools, and Economic Straight Talk (2012). The CICBV* annually funds business valuation research in his name**. Contact him at icampbell@srddi.com.
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Source: The Contrarian Take http://blogs.forbes.com/michaelpollaro/
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