Actually gold CAN be a good investment if played right. Buying and holding gold is a dumb move. If you buy low and sell high then you can make money. An old timer told me 20 years ago, When inflation is low and in a state of normalcy gold should be the same value as a mans new suit....$400, and that is when to buy, as soon as it skyrockets due to oil crisis, massive printing of money, or other threat to stable money then sell when you see it go to $800 or higher per ounce. I made money off of a Gold mutual fund after slick willy got in office. Buying gold bullion is not smart IMO cause you will have to sell it (how do you do that) and the risk of theft. If you look at gold in the very long term.....Decades actually gold has done poorly.
That old timer if he is still alive is in his mid 90s. He taught me a few things. The best way to make money on an investment is for it to pay dividends........Buying gold bars wont do this. But.......many stocks do.
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Today's Featured Article - An AC Model M Crawler - by Anthony West. Neil Atkins is a man in his late thirties, a mild and patient character who talks fondly of his farming heritage. He farms around a hundred and fifty acres of arable land, in a village called Southam, located just outside Leamington Spa in Warwickshire. The soil is a rich dark brown and is well looked after. unlike some areas in the midlands it is also fairly flat, broken only by hedgerows and the occasional valley and brook. A copse of wildbreaking silver birch and oak trees surround the top si
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