Gold or Oil: What's a Better Inflation Hedge? [View article]
Any volatility in the world markets will strengthen gold but not necessarily the stocks that can be pulled down by investor margin calls. not related to the mines profitability. i learnt in the last crash that holding the actual metal would have been a safer bet. When the hybrids start kicking in and the alternative energy does too. along with a receding producive world economy oil can get destabilised. Its more about how the ETFs dont really hold all the silver and gold they pretend to but actually play the spreads as well. I think an ETF or two will collapse one day . and i dont think oil will do much if a major derivative trading house gets compromised. So for the rainy day Gold or Silver are still the ultimate non fiat currency of stability and insurance. Millionaires come and go very quickly in these economic times but Gold will hold its value more or less depending on the dollar plunge protection teams efficiency ... Yet Gold could still triple in the next few years and then more. However before this happens the powers that can deflate the value of any commodity have to lose thier grip somewhat..
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Any volatility in the world markets will strengthen gold but not necessarily the stocks that can be pulled down by investor margin calls. not related to the mines profitability. i learnt in the last crash that holding the actual metal would have been a safer bet.
Aug 20 13:33 pm
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All Comments by HEARTSFORLOVE »Gold or Oil: What's a Better Inflation Hedge? [View article]
When the hybrids start kicking in and the alternative energy does too. along with a receding producive world economy oil can get destabilised.
Its more about how the ETFs dont really hold all the silver and gold they pretend to but actually play the spreads as well. I think an ETF or two will collapse one day . and i dont think oil will do much if a major derivative trading house gets compromised.
So for the rainy day Gold or Silver are still the ultimate non fiat currency of stability and insurance. Millionaires come and go very quickly in these economic times but Gold will hold its value more or less depending on the dollar plunge protection teams efficiency ... Yet Gold could still triple in the next few years and then more. However before this happens the powers that can deflate the value of any commodity have to lose thier grip somewhat..