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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 399.02+0.1%Dec 19 4:00 PM EST

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To: TobagoJack who wrote (77484)8/10/2011 8:42:11 AM
From: Haim R. Branisteanu  Read Replies (2) of 218645
 
This is a good one <smile> TJ, think about this - hoarding gold will slow the economy and take out fiat money from circulation - bad for the economy same as puting cash in the mattress.

Governments can not accept this therefore they will confiscate gold as they can politically and give you a piece of paper instead.

Germany already pressures EU memebers to sell their gold holdings

Other venue is to buy platinum and sell the gold as it is a more industrial material, other ideas could be to go into more mundane commodities as inflation will follow very soon

Polished good quality diamonds are also a great investment as the ratio bewtween raw diamonds to high quality is around 1 to 500 to even 1,000 and reflects mostly work invested in polishing the diamond

THose are my 2 cents - sell gold buy other hard assets. Gold passed my target of around $1600 you need discipline in investing.
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