johnbee

Why Gold Is Losing Its Shine

At this level gold is a just a fear indicator. If you think the world economy will collapse and take years to recover, that there will be major international wars or disease; then buy some gold. If you think there will be major inflation then you might buy gold as it should go up in line with the $'s drop in value, but you would be better off buying all sorts of things that go up in inflation and that governments don't manipulate to suit their ends, not yours.