Home › Forums › Financial Markets/Economics › Sold my gold
- This topic has 60 replies, 9 voices, and was last updated 16 years, 7 months ago by
Anonymous.
-
AuthorPosts
-
February 5, 2008 at 4:42 PM #148795February 5, 2008 at 7:52 PM #148838
hipmatt
ParticipantGold is just beginning. As the USA prints more money, slashes rates, and the returns on investments diminish, look for the dollar to weaken further and gold to continue up. If the correction continues I will buy more of it. Dollars will be worth much less and the only thing I see as inevitable is massive inflation.
February 5, 2008 at 7:52 PM #148923ParticipantGold is just beginning. As the USA prints more money, slashes rates, and the returns on investments diminish, look for the dollar to weaken further and gold to continue up. If the correction continues I will buy more of it. Dollars will be worth much less and the only thing I see as inevitable is massive inflation.
February 5, 2008 at 7:52 PM #148821ParticipantGold is just beginning. As the USA prints more money, slashes rates, and the returns on investments diminish, look for the dollar to weaken further and gold to continue up. If the correction continues I will buy more of it. Dollars will be worth much less and the only thing I see as inevitable is massive inflation.
February 5, 2008 at 7:52 PM #148568ParticipantGold is just beginning. As the USA prints more money, slashes rates, and the returns on investments diminish, look for the dollar to weaken further and gold to continue up. If the correction continues I will buy more of it. Dollars will be worth much less and the only thing I see as inevitable is massive inflation.
February 5, 2008 at 7:52 PM #148850ParticipantGold is just beginning. As the USA prints more money, slashes rates, and the returns on investments diminish, look for the dollar to weaken further and gold to continue up. If the correction continues I will buy more of it. Dollars will be worth much less and the only thing I see as inevitable is massive inflation.
February 12, 2008 at 1:23 PM #152595Eugene
Participanthttp://in.reuters.com/article/businessNews/idINIndia-31896320080212
“India’s gold imports in January slumped to just five tonnes from 62 tonnes in the same month a year ago as a surge in prices saps demand in the world’s largest consumer …
“There is almost zero demand. From 62 tonnes gold imports in January last year, only five tonnes were brought from overseas in January 2008”
make your own decisions folks.
P.S. just noticed that there’s a new Finance and Investing article and it encourages people to buy precious metals stocks. We’ll see who’s right and who’s wrong.
February 12, 2008 at 1:23 PM #152523Participanthttp://in.reuters.com/article/businessNews/idINIndia-31896320080212
“India’s gold imports in January slumped to just five tonnes from 62 tonnes in the same month a year ago as a surge in prices saps demand in the world’s largest consumer …
“There is almost zero demand. From 62 tonnes gold imports in January last year, only five tonnes were brought from overseas in January 2008”
make your own decisions folks.
P.S. just noticed that there’s a new Finance and Investing article and it encourages people to buy precious metals stocks. We’ll see who’s right and who’s wrong.
February 12, 2008 at 1:23 PM #152502Participanthttp://in.reuters.com/article/businessNews/idINIndia-31896320080212
“India’s gold imports in January slumped to just five tonnes from 62 tonnes in the same month a year ago as a surge in prices saps demand in the world’s largest consumer …
“There is almost zero demand. From 62 tonnes gold imports in January last year, only five tonnes were brought from overseas in January 2008”
make your own decisions folks.
P.S. just noticed that there’s a new Finance and Investing article and it encourages people to buy precious metals stocks. We’ll see who’s right and who’s wrong.
February 12, 2008 at 1:23 PM #152496Participanthttp://in.reuters.com/article/businessNews/idINIndia-31896320080212
“India’s gold imports in January slumped to just five tonnes from 62 tonnes in the same month a year ago as a surge in prices saps demand in the world’s largest consumer …
“There is almost zero demand. From 62 tonnes gold imports in January last year, only five tonnes were brought from overseas in January 2008”
make your own decisions folks.
P.S. just noticed that there’s a new Finance and Investing article and it encourages people to buy precious metals stocks. We’ll see who’s right and who’s wrong.
February 12, 2008 at 1:23 PM #152227Participanthttp://in.reuters.com/article/businessNews/idINIndia-31896320080212
“India’s gold imports in January slumped to just five tonnes from 62 tonnes in the same month a year ago as a surge in prices saps demand in the world’s largest consumer …
“There is almost zero demand. From 62 tonnes gold imports in January last year, only five tonnes were brought from overseas in January 2008”
make your own decisions folks.
P.S. just noticed that there’s a new Finance and Investing article and it encourages people to buy precious metals stocks. We’ll see who’s right and who’s wrong.
February 12, 2008 at 2:17 PM #152257gold_dredger_phd
ParticipantGold is a commodity that is not also someone’s liability. It is also an insurance policy. You should always keep some just to be prepared for a hyperinflation.
Instead of gold, I would recommend some junk 90% silver coins as a hedge against bad times. It’s more divisible than gold and has smaller denominations.
Trade gold for silver and buy an electric car. Power is the last thing that goes out when civilization collapses. You may not be able to buy gas, but I bet that the power will stay on.
February 12, 2008 at 2:17 PM #152527ParticipantGold is a commodity that is not also someone’s liability. It is also an insurance policy. You should always keep some just to be prepared for a hyperinflation.
Instead of gold, I would recommend some junk 90% silver coins as a hedge against bad times. It’s more divisible than gold and has smaller denominations.
Trade gold for silver and buy an electric car. Power is the last thing that goes out when civilization collapses. You may not be able to buy gas, but I bet that the power will stay on.
February 12, 2008 at 2:17 PM #152531ParticipantGold is a commodity that is not also someone’s liability. It is also an insurance policy. You should always keep some just to be prepared for a hyperinflation.
Instead of gold, I would recommend some junk 90% silver coins as a hedge against bad times. It’s more divisible than gold and has smaller denominations.
Trade gold for silver and buy an electric car. Power is the last thing that goes out when civilization collapses. You may not be able to buy gas, but I bet that the power will stay on.
February 12, 2008 at 2:17 PM #152553ParticipantGold is a commodity that is not also someone’s liability. It is also an insurance policy. You should always keep some just to be prepared for a hyperinflation.
Instead of gold, I would recommend some junk 90% silver coins as a hedge against bad times. It’s more divisible than gold and has smaller denominations.
Trade gold for silver and buy an electric car. Power is the last thing that goes out when civilization collapses. You may not be able to buy gas, but I bet that the power will stay on.
-
AuthorPosts
- You must be logged in to reply to this topic.