Re: Gold
Posted by:
WashingToneLocian
()
Date: July 25, 2008 11:50AM
Alexandra David-Neel Wrote:
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> Where can I buy Gold?
You know a bull market is done when idiots like this start to jump into it.
A good rule of thumb for markets...when uninformed individuals start to invest widely in a market, that is the time when speculators get out, leaving individual investors holding the bag.
While inflation is a problem, I'm not sure people are going to continue flocking to gold as their hedge. More sophisticated investors use foreign currency, like Euros, as an inflation hedge.
Anyway, good luck investing in something you apparently know very little about.