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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: coug who wrote (173807)12/27/2008 3:20:41 PM
From: tejekRead Replies (1) | Respond to of 306849
 
But why gold? That's what I don't get. Inflation? Safe haven? Supply/demand? All of the above?<<

All of the above imo. For I haven't heard of an alchemist yet that can turn lead or any other basic element for that matter into gold.... :)


Yes, but shouldn't that mean gold goes up year in and year out?

I have been watching a couple of gold stocks and am getting ready to buy now that they are above their 50 DMA [why fight the trend] but they make me nervous.