Monday, January 10, 2011

Investors Who Don't Own Gold Are "Insane"

Gold will eventually rally exponentially and investors who don't own the precious metal are "insane," and may be showing "masochistic tendencies," Robin Griffiths, technical strategist at Cazenove Capital, told CNBC.

"I think not owning gold is a form of insanity, it may even show unhealthy masochistic tendencies, which might need medical attention," Griffiths said.

Gold, along with other metals such as copper, has been making new all time highs, which is a strong buying signal, according to Griffiths.-'Not Owning Gold is a Form of Insanity'

1 comment:

  1. You would literally need to have an extra chromosome in order to not buy gold at the height of this bubble! Come on people, keep the commodity traders in business.


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