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May 6, 2010

4

Own Gold to Protect Wealth

by oakley711

Arizona gold nuggets

Arizona gold nugget

The important thing to understand is we’re going through a phase in which people are gradually losing faith in conventional assets. Gold is not something to get rich quick on. The real story is that if you already have wealth and want to preserve it, then you should have a percentage in it. It’s an asset for the prudent and the paranoid.

Arizona gold nugget prospecting


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4 Comments Post a comment
  1. May 22 2011

    Have you ever thought about including a little bit more than just your articles? I mean, what you say is valuable and all. But just imagine if you added some great graphics or video clips to give your posts more, “pop”! Your content is excellent but with pics and videos, this website could certainly be one of the greatest in its niche. Very good blog!

  2. Dave English
    May 15 2010

    Gold is like any other investment, there will be times that it’s good and times that it’s bad, right now it’s good. Metal markets can have destructive swings, like Rhodium that went from $10,000 an ounce to $1,093 in six months following high demand to low demand. Gold is more stable and should have a steady demand for the near future, perhaps many years as the economy of the world is in flux and full of uncertainty. I suggest increasing your position in gold for the next few years, inflation is on it’s way, and maybe hyperinflation.

  3. May 6 2010

    Don’t worry about gold or silver, or even platinum and palladium. They will thrive when the economy stops thrashing around so much in its death throes.

    Silver coin

  4. May 6 2010

    This financial mess has me spooked. In spite of the too late hodge-podge and piece meal actions of the Fed and Treasury, equities are death. Anyone in their right mind would be getting out of all paper assets and closing their bank accounts. I’m out of equities and I’ve closed all but one bank account leaving only enough cash to pay next month’s bills.

    Gold and silver are the best bets now.

    Mother Lode gold nuggets

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