Where one parks or invests one's money depends on your outlook for the future. I think we are in a bear market and until the housing market turns around we will remain in one.
There is no sense to park your money in treasuries as they aren't paying anything. It makes more sense to park your money in gold, the real bullion if you can find it. Even if the stock market goes down and the value of the dollar falls you will have a hard asset. Silver could easily double or even triple if gold goes over $1000.
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Where one parks or invests one's money depends on your outlook for the future. I think we are in a bear market and until the housing market turns around we will remain in one.
Jan 06 09:55 am
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All Comments by Deegan »Ratio of Gold to Silver [View article]
There is no sense to park your money in treasuries as they aren't paying anything. It makes more sense to park your money in gold, the real bullion if you can find it. Even if the stock market goes down and the value of the dollar falls you will have a hard asset. Silver could easily double or even triple if gold goes over $1000.