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

To: Red Badger

Because they know its just a bubble that will soon collapse. The dollar is the way to go.


13 posted on 08/15/2011 6:11:39 AM PDT by DanielSilverman
[ Post Reply | Private Reply | To 2 | View Replies ]


To: DanielSilverman

We should invest in copper.
Thieves are ripping out AC and electrical wiring out of all these foreclosed homes......................


15 posted on 08/15/2011 6:16:38 AM PDT by Red Badger ("Treason doth never prosper.... What's the reason? Why if it prosper, none dare call it treason.")
[ Post Reply | Private Reply | To 13 | View Replies ]

To: DanielSilverman
Because they know its just a bubble that will soon collapse. The dollar is the way to go.

On what do you base that statement? The dollar has been on a steady decreasing line since 1913, having lost 98% of it's value. Or did you forget the /sarcasm tag?

The dollar has depreciated about 4%/year, gold has appreciated about 4%/year over the last 100 years.

A bet on gold now is a bet that the politicians won't find any way to actually cut the budget, but will continue to fund the government by inflation. It seems a safe bet to me. Buy the F'ing dips.

20 posted on 08/15/2011 6:42:08 AM PDT by slowhandluke (It's hard to be cynical enough in this age.)
[ Post Reply | Private Reply | To 13 | 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