…You Might Be a Gold Bug.

Jeff Foxworthy

Jeff Foxworthy

Gold bugs have been around for over 100 years, lurking at the fringes of the investment community and singing the praises of the yellow metal to anyone who will listen.

As a result of the plunging US dollar, apocalyptic drops in asset prices and the commodity’s eight year bull market, gold has attracted a huge following among investors over the last few years.

How do you know if you’ve become obsessed with the gold trade?  Taking a page from Jeff Foxworthy‘s You Might be a Redneck series, I thought I’d offer some guidelines…

  • If you consider Diversification to mean a portfolio consisting of gold bullion, gold coins, gold bars and gold futures contracts…you might be a gold bug.
  • If you’ve been growing your beard out since Obama was elected…you might be a gold bug.
  • If the family dog’s name is Hyperinflation …you might be a gold bug.
  • If you have a poster of a shirtless Peter Schiff hanging over your bed…you might be a gold bug.
  • If you spent the summer up at the cabin storing your own urine for it’s nutrients…you might be a gold bug.
  • If every single stock in your brokerage account contains the word “mining” in it’s name…you might be a gold bug.
  • If you get your financial advice from the Glenn Beck show…you might be a gold bug.
  • If you start off many sentences with the phrase “Once gold breaks 1000,” …you might be a gold bug.
  • If your IRA jingles when it hits the floor…you might be a gold bug.
  • If the name of your investment club is AU Guys…you might be a gold bug.
  • If the panic room you’ve just installed has it’s own panic room…you might be a gold bug.
  • If the birthday cards you send to friends and relatives include warnings about the danger of fiat currencies…you might be a gold bug.

Anyway, these were some possible ways I came up with to help you determine whether or not you’ve gone overboard on the whole gold thing.  My commentary above is neither an endorsement or a disparagement of gold as an asset class worth investing in…I just wish the gold diehards weren’t quite so tedious.

Full Disclosure:  Nothing on this site should ever be construed as investment advice or an invitation to buy or sell any securities.  For a full disclaimer, please see my Terms & Conditions page.


What's been said:

Discussions found on the web
  1. کولر صنعتی سلولزی commented on Jan 30

    خرید کولر صنعتی

    we came across a awesome world wide web site which you could appreciate. Get a look when you want

  2. تبلیغ گوگل commented on Jan 30

    تبلیغات در گوگل

    Appreciating the time and work you place into your site and comprehensive information you supply. It’s excellent to occur across a blog every single as soon as in a whilst that isn’t the very same unwanted rehashed information. Great read! I have saved…

  3. lovehoney commented on Jan 30

    lovehoney

    […]check below, are some entirely unrelated internet sites to ours, nonetheless, they are most trustworthy sources that we use[…]

  4. وی پی ان سیسکو commented on Jan 30

    وی پی ان سیسکو

    With respect to ergonomics and the advanced technilogy Heuer duplicate watches have been the fantastic samples of athletics watches.

  5. تبلیغ گوگل commented on Jan 30

    تبلیغات در گوگل

    here are some hyperlinks to net web pages that we hyperlink to for the reason that we think they might be genuinely worth going to

  6. خرید اکانت vpn commented on Jan 30

    خرید vpn

    Very good way of explaining, and fastidious write-up to get info concerning my presentation topic subject, which i am likely to express in school.

  7. تبلیغ گوگل commented on Jan 31

    تبلیغات در گوگل

    Fantastic blog! I identified it although browsing on Yahoo Information. Do you have any suggestions on how to get listed in Yahoo News? I’ve been attempting for a even though but I never ever look to get there! Thank you

  8. آموزش تصویری رفع ارور 1009 commented on Jan 31

    فیلترشکن

    Every after in a even however we opt for weblogs that we read. Outlined under are the most present world wide web websites that we decide for

  9. خرید vpn برای آیفون commented on Jan 31

    وی پی ن آیفون

    Greetings from Colorado! I’m bored to death at work so I made the decision to look through your website on my iphone throughout lunch break. I really like the details you offer listed here and can’t hold out to just take a search when I get house. I’m…

  10. best deals commented on Jan 31

    best deals

    […]we like to honor quite a few other world-wide-web sites around the net, even if they aren’t linked to us, by linking to them. Under are some webpages worth checking out[…]

  11. مالمو commented on Jan 31

    مالمو

    […]below you’ll uncover the link to some websites that we assume it is best to visit[…]

  12. تبلیغ گوگل commented on Feb 01

    خرید vpn

    make sure you check out the websites we stick to, such as this a single particular, as it signifies our picks through the world wide web

  13. cheap hosting commented on Feb 02

    cheap hosting

    […]Sites of interest we’ve a link to[…]

  14. کولر صنعتی commented on Feb 02

    خرید کولر صنعتی

    Sohan is also getting accused of leaving the jurisdiction in December previous calendar year without having permission.

  15. گوگل adwords commented on Feb 02

    تبلیغات در گوگل

    Hi there there! Do you know if they make any plugins to help with Lookup Engine Optimization? I’m attempting to get my website to rank for some targeted search phrases but I’m not viewing extremely great outcomes. If you know of any make sure you share…