I first mentioned gold on here on October 24. I then outright pleaded for people to get some in their investment portfolios on November 6th. Here is what has happened since then in the S&P 500 and the five gold/silver holding I have in many portfolios:
_______10/24__11/6__Today_____Returns
S&P 500 870.4__ 908.6_ 791.30__ -9.09% -12.91%
Gold____ 737___ 737___ 975____ 32.29% 32.29%
Silver___ 9.23__ 10.00_ 14.18___ 53.63% 41.80%
GDX___ 17.80__ 21.93_ 36.66 ___105.96% 67.17%
AUY___ 4.03___ 4.67__ 9.40___ 133.25% 101.29%
SLW ___3.44___ 3.73__ 7.33____ 113.08% 96.52%
Who knows what will happen tomorrow. Maybe all of these will plummet, but I will say I still hold all of these. I don't plan on selling them for the foreseeable future due to the governments continued efforts to throw money at anything they see as troubled. While gold, silver and their stocks may have a pullback due to the incredible runs they've had recently, I fully believe they all have much higher to go. I hope everyone took my recommendation, but if you still have yet to get into them, the best way to do so at this point is probably to average in.
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