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Old 08-12-2008, 07:33 PM
rck0025 rck0025 is offline
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Default Re: INFLATION, will buying Gold or Silver be a good idea...

I haven't read any of the responses, so I apologize if this is redundant. Gold has been doing very well for a very long time. However, there appears to be an inverse relationship between (the U.S.) value of the dollar and the price of gold. As the dollar has been strengthening recently, I would steer clear from Gold.

I agree that inflation is horrible right now, and the investment decision short term is seriously constrained. But I tell you what, send me your money and I promise to buy lots of cool things with it. That should increase consumption and help our GDP.

p.s. Playing the FOREX market is an option if you haven't already considered it.
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