Sidj

Is the Price of Gold Artificially Depressed?

We'll see if gold bottoms soon. The 1980 high of $850 might be a support level. Gold usually bottoms in the summer then rallies. But if gold is too risky for your blood you can try something else tangible like collectibles. Go buy some rare comic books like Nicolas Cage. Amazing Fantasy 15 (1st Spider-Man) has appreciated 85% since 2000. Compare that to the Dow or S&P.

Is the Price of Gold Artificially Depressed?

I quote Warren Buffett from earlier this year:
"If something is unsustainable, its going to have consequences; so far the consequences have been a general decline in the dollar against major currencies. If we continue the same policies, we're going to get the same results in the next five or ten years."
He also said:
"Inflation has been in remission and is likely to be more prevalent in the next ten years."
Anyone disagree with Buffett?