December 29, 2009 · 6 comments
in GoldMoney, US dollar, commodities, gold, hedging, international stock market, investing, market trends, metals, mining, precious metals, stocks, wealth protection
As I write this in late December 2009, gold sits at “only”! $1104/oz., when just about two weeks ago it was at its all-time secular high north of $1200. Many correctly called what seemed to be, at least in the short-term, a “gold bubble.”
But I don’t think it’s wise to write gold off completely. Gold [...]
One comment you sometimes hear from skeptics or those who aren’t yet familiar with the case for gold is what on earth would you use it for. Why buy gold? You can’t use it as money anywhere, right? Well, maybe you can’t buy a Big Mac with gold yet, but there is a growing number [...]
