Prefering Gold Over Bonds, invest in what? |
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Jan 7 2007, 11:25 AM
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New MoneyMaker

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Hi everybody, what is your opinion here? I'm wondering in what to invest? I had a look at this article A Reason to Like Gold / A Reason to Dislike Bonds
what is your opinion. I'm looking for more sources. thanks, Tim
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Feb 18 2007, 05:55 PM
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New MoneyMaker

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Bonds are scam. All they do is take your money, spend it, and print new money to pay you back in de.valued $ (since they had to expand money supply to pay you). And charge you income tax on top of that. Gold is a sound investment option and is in a major bull market
This post has been edited by demosfen: Feb 18 2007, 05:56 PM
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Jun 22 2007, 04:37 AM
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New MoneyMaker

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Invest in gold, silver and crude oil. i have account with stifx i am trading with them all currencies, gold, silver and crude oil so i can hedge my positions and grow my protfolio. Also you can trade futures / options and other products.
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Jul 3 2007, 04:51 AM
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New MoneyMaker

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Gold boomed in early 2002 from around $250-$290 an ounce to around $625-$650 an ounce within 5 years. According to history, these cycles tend to be quite long, at least 10 years. Based on that, we have another five years to go. In the last up-cycle in the 1970s, it took gold nine years to move from $40 to $400 an ounce, but it them moved from $400 to $860 in a matter of months. In the 1980s, we saw a strong out performance of financial assets like equities and bonds. But we think we have passed an inflection point where commodities like metals will start out perform financial assets. This comes on the heels of high debts and structural deficits. Get more information and updates about gold investment from our blog http://blog.genuinegold.bizFeel free to visit our blog often. Articles and commentaries written by our managing director who is knowledgeable and experienced in gold investment. Very useful to those who are interested in gold investing.
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Aug 10 2007, 09:56 AM
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New MoneyMaker

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Gold is a hard asset that you can hold on to. It has a price that reflects the cost of production and its demand in the market. Unlike bond, it is not a note issued by a sovereign nation that is a promise to pay. Should currency become worthless, gold will still be worth something. Most of the world relies on 'fiat money', which is backed only by the promise of central bankers to pay. With government debts at an all time high, people start questioning the ability to pay. There is very strong credit creation in almost all financial systems and a lot more paper money around now. Then that happens, you get inflation. Gold is a hedge against currency debasement rather than de.valuation - that there is lesser confidence in paper and more in gold. Visit our blog http://blog.genuinegold.biz
This post has been edited by GenuineGold: Aug 10 2007, 10:00 AM
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