dollar :: Sound Mind Investing

Post tagged with dollar

Where does gold go from here?

November 09th, 200901:53 PM ET

By Mark Biller

It took many SMI readers by surprise when we started writing positively about gold in our May cover article, then came right out and suggested buying it in August. Some believed it was too late to buy at that point, having seen gold rally from roughly $250 at the beginning of the decade all the way to nearly $900 at that time. Now, with gold u...
When a 5,300% gain = a catastrophic loss

October 21st, 200902:16 PM ET

By Joseph Slife

Financial commentator Jonathan Hoenig, writing at SmartMoney.com, tells a sad (and recent) tale of how runaway inflation can destroy the value of earnings. From May through October of 2008, Zimbabwean stocks skyrocketed, shooting from 72,000 to almost 400,000 by early November as measured by the S&P/International Finance Zimbabwe Index. Fo...

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