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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (422780)10/6/2008 9:13:48 AM
From: tejek  Respond to of 1575871
 
I also don't know about gold. It may not have any relevance to investors born after the death of the gold standard, which would be most investors nowdays. If some major currency fails, it may regain it's cache!

GLD is supposed to be a hedge against inflation which we don't have, and a safe haven which do have a need for. However, its trading more like a commodity which these days is down. Actually, its a cross between a safe haven and a commodity.....which means its trading mostly sideways.