Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SeekAndFind
Gold is no more secure than any other investment group. People have made fortunes in it and also have lost their shirts in it, just like stocks or any other investment. The difference is that gold has a romantic halo to it that has existed for all of history and always will exist until they can synthesize it on an industrial scale.

As a hedge against inflation and possibly the end of the world, it's second to none, but as an appreciating investment, it's just one of many.

I think we're in a short term bubble and gold will see a correction, but given the state of the dollar, we will certainly see much higher levels later on.

23 posted on 11/25/2010 8:38:33 AM PST by Batrachian (Barack Obama was elected because people thought they where voting on American Idol)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Batrachian
that has existed for all of history and always will exist until they can synthesize it on an industrial scale.

Hmmm.... I'd kind of like to know how to do this. Alchemy 101?

29 posted on 11/25/2010 11:32:55 AM PST by April Lexington (Study the Constitution so you know what they are taking away!)
[ Post Reply | Private Reply | To 23 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson