Posted on 10/30/2012 9:28:49 AM PDT by blam
It’s a bit crass to worry about gold when so many Americans are worried about food and fuel if Romney doesn’t win.
I understand your point, but it's NOT wrong for people who have worked hard and done the right things over the years to want to protect their savings against inflation and/or financial collapse. None of that is their fault, after all.
So since you know all this.....SELL! Take your profits and move on. Did you invest in gold, or did you marry it? If you want to always have something “bullet-proof” to frall back on, leave some in the safe and take your profits on the rest. Life’s full of trade-offs. We NEED a new POTUS, and a new Fed Chairman..... In fact, we need a house-cleaning! You manage your gold as you think best. You would be well-advised to lay up some treasures in Heaven, too.
Mark 8:36 For what shall it profit a man, if he shall gain the whole world, and lose his own soul?
What an idiotic, short-sighted article.
In the event of a resurgent US economy, those who’ve wisely protected themselves with gold these past years could now stand to make even more money now by intelligently investing its growth.
Economics is not a zero-sum game.
I wonder how long after the election the hangover will occur. Most of the people active in politics are dependent on recirculating debt without adequate, sustainable revenues from manufacturing on US soil. Could be a consumer spending spree after the election, but look at the demographics of those who’ll spend. Maybe an inflationary bulge followed by a terrible slowdown. [Little understatement there.]
That's my expectation.
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