Thread: OT... Gold
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Frank Frank is offline
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Default OT... Gold

On Jul 20, 3:45*am, harry wrote:
Now both of our economies are going to hell on a handcart is now the
time to buy gold or is it too late?
If you have any, do you sell? *If you do, what do you do with the
readies? *($).

Buy houses?


I have some. I'm keeping but not buying.
Many years ago, when I gave my wife a gold coin as an anniversary
gift, I watched the price languish and even go down for many years.
It may go higher but with the current rapid rise, you'd be taking a
chance that you are on a roller coaster.

As for real estate, they are saying it might take a decade to
recover. I don't think I'd invest in it.

I would say, if you need/want something, you might as well buy it now
as the potential for hyper inflation is there. It has been absolutely
outrageous viewing the inflation rate that the US government gives
out.
In the index they include housing but not commodities.