Sakata

Contrarians: Time to Ditch Gold, Look at REITs

"... Therein lie companies like General Growth Properties (GGP) – which is eying bankruptcy after years of aggressive acquisitions that have come back to haunt them. ..."


Don't buy gold, buy GGP. Great idea! Why not throw my hard earned shares of a bankrupt company (better known as dollars) at another bankrupt company so that I can guarantee my net assets go to zero.

No thanks. I'll stick with my gold and silver and if I have to do any short term trading it will be to convert those to dollars for as short a time as possible so that I can buy the essentials of life. I already own a chunk of real estate which is not worth as much as it was last year.