To: Diana in Wisconsin
Gold is so-so as an investment (of course, long term vs. short term makes a big difference) depending on your time frame.
However, it is a great place to 'store value' as the dollar depreciates over the longer term.
4 posted on
07/25/2008 2:20:45 PM PDT by
stockstrader
(CHANGE--a euphemism for further dividing our country along racial, social and economic lines)
To: stockstrader
Gold is a good hedge against inflation and a crumbling dollar. It is also a good investment to play during certain periods of time. I started investing in gold and gold companies in 2002 and I continued to hold them until late last year. I currently have 20% of my investments in gold or gold stocks.
16 posted on
07/25/2008 3:19:11 PM PDT by
peeps36
( Al Gore Is A Big Fat Lying Hypocrite. He Pollutes The Air By Opening His Big Mouth)
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