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Invest in Gold
Posted on 11/9/12 at 3:59 pm
Posted on 11/9/12 at 3:59 pm
Invest as much as you can in Gold, because everything else is about to take a massive hit. It looks like we are about to enter a major recession.
8
Posted on 11/9/12 at 4:11 pm to Vood
You sound certain of this. I'm not saying it isn't going to happen, but there have been a few times over the past 2 years where I thought we were headed back into a recession.
This post was edited on 11/9/12 at 4:15 pm
Posted on 11/9/12 at 7:35 pm to Vood
Why not real estate instead? Taking the tax break and inflation into consideration and you are borrowing at negative real rates. Can't do that with gold, plus you can rent a property and get a return.
Posted on 11/9/12 at 7:56 pm to Vood
Isn't cash better if things go deflationary?
Posted on 11/10/12 at 11:17 pm to Vood
While everyone bails out of solid company stocks for useless over-allocated positions in gold, I will buy your companies at a discount and make a healthy return because I know companies are able to generate cash flows in the current environment while your gold... looks pretty?
Posted on 11/12/12 at 4:13 am to Vood
Posted on 11/12/12 at 7:15 am to Vood
quote:
Invest as much as you can in Gold
... It looks like we are about to enter a major recession.
You need to look at the performance of gold in the 2008 recession if you believe we are entering another one. Longer term I like gold, right now it's tough to like anything other than cash because I'm also thinking the odds of a recession are too great for me to be in the market.
Posted on 11/12/12 at 7:15 pm to Vood
quote:
Invest as much as you can in Gold, because everything else is about to take a massive hit
How are you investing in gold? Physical, paper, etc.
Posted on 11/12/12 at 7:41 pm to Vood
Misery loves company.
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