Results 1 to 1 of 1
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
-
06-08-2010, 02:49 PM #1
Gold bugs fly high as value soars
Gold bugs fly high as value soars
It’s a hedge against a lot of bad things — but a risky one
By John W. Schoen
Senior producer
msnbc.com
updated 5:18 a.m. PT, Tues., June 8, 2010
Were you smart enough to sell your tech stocks in March 2000? Or your house in July 2006? If so, you should seriously consider buying some gold. A lot of it.
But if — like most people — you don't have the gift for knowing when a financial bubble is about to burst, you may want to take a deep breath before calling the 800-number on that infomercial, selling your jewelry at your friend's "gold party" or converting 5 percent of your hard-earned savings into shiny Maple Leaf gold coins.
It certainly is a great time to be a "gold bug," as fans of the shiny metal are known. Gold typically thrives in times of crisis and uncertainty, and that is one reason the metal's price has jumped 15 percent since February and nearly doubled since late 2007.
The latest surge has been driven by worries about the European debt crisis and its impact on the euro. The “safe havenâ€NO AMNESTY
Don't reward the criminal actions of millions of illegal aliens by giving them citizenship.
Sign in and post comments here.
Please support our fight against illegal immigration by joining ALIPAC's email alerts here https://eepurl.com/cktGTn
72 Hours Till Deadline: Durbin moves on Amnesty
04-28-2024, 02:18 PM in illegal immigration Announcements