• Michael Bryant
    "Gold Outlook for Q4: Buy or Beware?" I would buy. MDW & GLD. http://yhoo.it/nSO0zM=
    9/30/11
    Reply (8)
    • inquisitivemind7: Beware. Bear markets are typically not good for gold though if US gets downgraded again/someone goes bankrupt, gold should skyrocket.
      9/30/11
    • inquisitivemind7: These are extraordinary times we live in, own some physical for insurance.
      9/30/11
    • Michael Bryant: So then where are people putting their money? In currencies?
      9/30/11
    • inquisitivemind7: USD. Reserve world currency for the time being unless we see QE3. I believe China and other countries are buying more hard assets like gold
      9/30/11
    • inquisitivemind7: but that doesn't necessarily mean price of gold will go up since the price you see is manipulated and not simply tied into supply and deman
      9/30/11
    • inquisitivemind7: Gold and silver will resume their bull market in a year or so if nothing extraordinary happens in the meantime.
      9/30/11
    • Michael Bryant: The dollar is the last place I want to be. Adjusting to inflation, you are actually losing money.
      9/30/11
    • inquisitivemind7: Technically, we're actually seeing deflation, why do you think is part of the reason that the price of commodities (e.g.cooper) are falling?
      9/30/11
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