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      06-27-2013, 08:47 PM   #1580
scorcherjf
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Quote:
Originally Posted by F1Venom View Post
Any thoughts on gold? I feel like this move is way overdone and we should see perhaps one final flush before recovery.
What is your investment goal with gold? It's somewhat suitable as a hedge to inflation but other than that... unless you're keeping the physical gold in your safe or something it's pretty much the same as buying anything else (I assume you'd buy a gold ETF?).

Like this article says...
Quote:
I like investments that pay dividends or interest, and those that grow in value over the inflation rate. Gold doesn’t fit into either of these categories. A bar of gold produces no income and never grows into two bars of gold. In fact, it costs money to own gold due to trading cost, storage costs, insurance and possibly management fees.
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