So I think most would agree that the stock market has artificially reflated and real estate as an investment (leaving aside the concept of purchasing a "home") if you don't have a big portfolio isn't exactly a no-brainer at this time. Given the free printing of money by the government, longer term gradual inflation risk is very real. I recently found that I missed the news that the Chinese gov't... [more]
So I think most would agree that the stock market has artificially reflated and real estate as an investment (leaving aside the concept of purchasing a "home") if you don't have a big portfolio isn't exactly a no-brainer at this time. Given the free printing of money by the government, longer term gradual inflation risk is very real. I recently found that I missed the news that the Chinese gov't has been buying gold and has launched a campaign to encourage citizens to invest in silver and gold (after banning the export of silver) in a possible connection to potential change to the dollar peg system. Doesn't really make me feel safe about the dollar. Kudos to those that suggested gold as it has enjoyed quite a run, but there are those that feel it may already be overbought.
What say you SE on gold/silver today?
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Response by freewilly
almost 16 years ago
Posts: 229
Member since: Sep 2008
Why do I feel even more uneasy these days than the same time last year... sigh...
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Response by aifamm
almost 16 years ago
Posts: 483
Member since: Sep 2007
I think there may be a pullback, but if you believe in precious metals, then the real crisis is just beginning. Short term, things are improving so it could be a bit longer than people initially thought.
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Response by jamba97
almost 16 years ago
Posts: 79
Member since: Dec 2009
i say if you're just starting to talk/think about gold, then you've missed a $500+ move. now i'm not saying that precious metals are a bad investment (platinum continues to make new highs), but i'm just saying that you are quite a bit behind
Why do I feel even more uneasy these days than the same time last year... sigh...
I think there may be a pullback, but if you believe in precious metals, then the real crisis is just beginning. Short term, things are improving so it could be a bit longer than people initially thought.
i say if you're just starting to talk/think about gold, then you've missed a $500+ move. now i'm not saying that precious metals are a bad investment (platinum continues to make new highs), but i'm just saying that you are quite a bit behind