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Strategies & Market Trends : Mike's Big Adventure Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: Square_Dealings who wrote (1408)	12/24/2006 9:40:51 AM
From: Real Man	Respond to of 1791

No, savings account is definitely not the answer - the rates have been dropped by the banks, and remain significantly below Fed funds rates. Short-term treasuries are much safer at the moment, and the yield is a lot higher, although this is a losing investment at current real inflation rate. I favor oil, gold and silver as a long term investment, and agree with your scenario. If they bomb gold again, consider it a gift from the government and buy -g- And, $10000 gold and $700 silver might happen a lot quicker than most think.