In the goldbug world, advisors who were gold bulls in the 1970s are a cut above. James Dines, the "Original Gold Bug," is a living legend in the goldbug world. (Curiously, there's no Wikipedia entry for him.) Other pure-goldbug luminaries are Howard Ruff and Doug Casey. A living legend in his own right, Richard Russell, can be counted in the originals list even though his main focus is on U.S. stocks.
The Aden sisters are two other originals, and they've been profiled in Business Week. Back in the early '80s, when they were younger and far more inexperienced, they predicted that gold would go to $5000/oz. Since then, though, they've compiled a somewhat enviable track record.
Interestingly, they didn't give any price target to Business Week. They just said they're bullish, and will remains so as long as gold stays in its uptrend.
Friday, January 8, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment