FAQ: Should i invest in gold boullion?
That guy on TV that predicts trends said that by 2012 US people will be in food lines because our $ will be worthless due to Obama printing worthless money for his stimulus and that other countries will no longer trade in US currency
Answer:
“Boullion” is a concentrate you make stock for soups and sauces from, so I would say “no”.
You might also ask yourself if buying gold at all-time historic high prices is smart or dumb. Smart people “buy low, sell high”; what’s low right now? Stocks. If you buy quality stocks right now that have been beaten up by recent events, you will do very well.
If you honestly believe anything Obama could do would render the US dollar “worthless”, you watch far too much TV!
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Why Gold Is A Bad Investment hsc gold investment
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Please use the stocks 2009 gold investment review and is a good 2009 gold investment review gold investment npv.
You should invest in mutual funds that specializes in precious metals . Most mutual funds require $ 1000 to $ 2500 to invest . They can do a better job in investing . T-Rowe Price , Midas Funds , Fidelity Funds Charles Swab. Also remember spread your investments never put all your money in one place .NEVER . Stocks funds 60% Bond Funds 30% Cash Funds 5% Gold Funds 5% . But if dont have the minimun to invest they withdrawl $ 50 to $ 100 a month from your checking account until you reach the minimun balance . T-Rowe Price is good for this . Never listen to any nut case on TV , its is just scare tatic thats all . He been drinking too much cleaning fluid
You mean gold bullion, of course.
First of all, don’t believe everything you watch on TV–remember what Jim Cramer was telling a couple of days before Bear Stearns collapsed! As for investing in bullion, just ask yourself: if people do not have food, will they eat gold?? Perhaps, you can have some of your investments in a good gold company, and the rest in old reliables and bonds.
Gold should only be bought through the ETF “GLD” any other way is a ripoff.
Listening to some guy on TV……. not exactly the best way to make important investment decisions.