Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Mr. Holmes knows gold as well as anyone. I am not saying everyone should rush to buy his gold and metals funds, but when the time is right, those funds will take off like rockets. The hard part is having the fortitude to hang in during the lean years. As M* says, the fund works, but investors have tried to time it and have done so miserably.
Holmes also wrote a book, "The Goldwatcher: Demystifying Gold Investing." (well, I believe he wrote half of it - co/written.) I haven't read it, but it's one of the books that people can consider when using MFO's amazon link (see how I worked in that plug?)
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