SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim McMannis who wrote (251810)6/4/2010 10:54:09 PM
From: Dan3Read Replies (1) of 306849
 
Re: Would you rather have a piece of paper IOU or gold right now?

If rapid inflation starts to kick in, gold will be a great investment.

But I can't do much with physical gold without incurring transaction costs. I can buy food and pay bills with dollars at face value. Transaction costs with gold are (relatively)huge.

If inflation fears start to fade, the price of gold will plummet - there's plenty of risk associated with holding gold.

I'm getting less and less worried about near term inflation.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News