Gold and Inflation
Posted By: Dr. Frugal in Currency on 01/02/2008 at 09:37:10
Gold is at its high (at least since 1980) and naturally where gold is rising, inflation concerns rise with it. Personally, I have no investments in gold and I have absolutely no desire to add it to my current portfolio. By my (admittedly sometimes flawed) way of thinking, gold is the last thing you would want to invest in. Yes, the market is looking weak and oil and real estate are each taking their toll on the market but I think buying gold is a total cop out. I think you're better off putting that money into an emerging market (if you're young) or into a bond or CD if you're not. That's just me.
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