Saturday, May 22, 2010

GOLD - Time to Dis-Invest !

Dear Friends,

You may download the article (pdf file) titled
"Gold - Time to Disinvest" from my website www.investogyan.com
Thanks

CA Rajiv D Khatlawala
www.investogyan.com

2 comments:

Praveen Vishnu Shamain said...

Hello Rajiv,

Thanks once again for keeping investor interest foremost, when you are writing such nice articles.

I had started getting uneasy feeling about Gold, when exchanges conducted "Special" trading session for Gold ETFs, on Akshaya Tritiya day. Remember, this happenned for the first time in the history of exchanges.

It was a game played with investor sentiment by ETFs and Exchanegs.

It is pity to note that in our country we set up Investor Education Fund on one hand and dupe the investors by misguding them on the other hand.

I'm not saying that Gold will start tanking from tomorrow and investors who invested in Gold ETF would lose money.

But the question is WHY NOW, when technical indicators are pointing the other way ?

Thanks once again.

With Regards,

Unknown said...

Yes Praveen,

your observation reminds me of the 6000 balloons which went up from the BSE Building in year 2000 (the first time the sensex crossed 6000).. We all remember the subsequent ICE meltdown !!

CA Rajiv D Khatlawala