…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. خرید vpn commented on Feb 02

    وی پی ن آیفون

    we arrived across a cool world wide web web site which you could enjoy. Consider a appear when you want

  2. رفع ارور 1009 commented on Feb 02

    رفع ارور 1009

    If you are likely for most exceptional contents like myself, just go to see this website everyday since it gives function contents, thanks

  3. رفع ارور 1009 commented on Feb 03

    رفع ارور 1009

    Great story, reckoned we could merge numerous unrelated info, however actually actually value taking a look for, whoa did one specific learn about Mid East has got a good deal much more problerms also

  4. کولر آبی بزرگ commented on Feb 03

    خرید کولر صنعتی

    Hey there, I consider your site might be possessing browser compatibility issues. When I look at your web site in Safari, it seems wonderful but when opening in Net Explorer, it has some overlapping. I just wished to give you a fast heads up! Other the…

  5. Andrew Wright Attorney Maine commented on Feb 03

    Andrew Wright Attorney Maine

    […]we prefer to honor many other web web sites around the internet, even if they aren’t linked to us, by linking to them. Underneath are some webpages worth checking out[…]

  6. خرید vpn پرسرعت برای کامپیوتر commented on Feb 03

    وی پی ن آیفون

    Thank you for some other great post. In which else may possibly just anyone get that sort of info in this sort of an excellent signifies of creating? I have a presentation next week, and I am on the search for these kinds of data.

  7. خرید vpn commented on Feb 03

    وی پی ن آیفون

    Howdy just wanted to give you a brief heads up and permit you know a few of the photographs are not loading properly. I’m not positive why but I consider its a linking situation. I have attempted it in two diverse internet browsers and both present the…

  8. گوگل adwords commented on Feb 03

    تبلیغات در صفحه اول گوگل

    underneath you will occur across the link to some world wide web-sites that we consider it is ideal to pay a visit to

  9. وی پی ان ایفون commented on Feb 03

    رفع ارور 1009

    Very good way of describing, and fastidious report to get information regarding my presentation matter subject, which i am going to express in university.

  10. web design mauritius commented on Feb 04

    web design mauritius

    […]Wonderful story, reckoned we could combine a few unrelated data, nevertheless seriously worth taking a look, whoa did 1 master about Mid East has got far more problerms too […]

  11. vpn commented on Feb 04

    رفع ارور 1009

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

  12. بهترین کولر صنعتی commented on Feb 04

    خرید کولر صنعتی

    Hi would you head stating which weblog system you’re operating with? I’m preparing to begin my own site soon but I’m obtaining a hard time selecting in between BlogEngine/Wordpress/B2evolution and Drupal. The cause I request is simply because your layo…

  13. گوگل adwords commented on Feb 04

    تبلیغات در صفحه اول گوگل

    Greetings from Colorado! I’m bored to demise at work so I determined to look through your web site on my iphone throughout lunch split. I actually like the details you offer right here and simply cannot wait around to consider a search when I get prope…

  14. وی پی ان ایفون commented on Feb 05

    رفع ارور 1009

    Really when a person doesn’t be mindful of afterward its up to other viewers that they will support, so listed here it happens.

  15. گوگل adwords commented on Feb 05

    تبلیغات در صفحه اول گوگل

    Just beneath, are a great deal of totally not connected internet internet sites to ours, even so, they could be surely truly value likely more than.