If gold is supposed to be such a great investment right now, why is everybody and his brother on TV trying to sell it? Seems to me they should be quietly trying to buy up more. If the price of gold has gone up four-fold, maybe the profit has already been made, and they are trying to unload their stash to some unenlightened dupe. Just something to think about before you succumb to the slick sales pitch, and part with your hard earned dollars. And if a contrarian view is called for regarding the hype of gold, where might we look to take advantage? What sector is being heavily dissed as a bad investment? Real estate? Inflation has been an unmaterialized threat against the dollar for quite a while. A Republican landslide election may restore confidence leading to a boon to the economy, strengthening the dollar (and crushing gold prices.) Anyone have any good ideas?
Investing In Gold?
By Prince of Peeps, on October 5, 2010 at 10:04 pm, under Economics. Tags: gold investment, investment. No Comments