Gold is super liquidator

Gold Bullion is nice, too. It's a store of wealth, a sleep-tight investment that'll come in handy when Armageddon arrives. But for crises that are somewhat less Armageddon-ish, Dollars are more useful.

Think about it...

•When terrorists flew planes into the World Trade Center, the Dollar rallied 8% in six weeks.
•When Lehman Brothers went belly-up, and the US banking system was on the verge of imploding, the Dollar jumped 10% in 10 weeks.
•And last May, when a few algorithmic programs made computer trading go nuts on the New York Stock Exchange – resulting in a 1,000-point drop and recovery in the Dow in 15 minutes – it sparked an 8% rally in the Dollar over the following six weeks.

 

Log in or Sign up to hide this ad.

Wouldnt gold be more difficult to trade for necessary products than silver due to the high price?

 

Essentially, there are three broad categories of gold investors:

1. Those who wish to hedge uncertainty and possible financial disaster

2. Those who wish to simply make a profit.

3. Those who wish to combine hedging with potential profit

 

#1 sounds like the paranoid tin foil hat type.
#2 Can make a profit but has to be careful
#3 could be the wisest choice.

 

i am in the second catagory.what about you?

 

I have to say I am #1, I am scared holding cash because of inflation.

 

What do you think will cost more? The loss of value of your FRN's by inflation? or The cut that the gold dealer charges when buying and selling gold?

 

But i suggest for the catagory #3 where you can prove yourself as an expert gold investor.

 

Interest rate for gold is obviously below intra country interest rates. This is so precisely because it would encourage gold borrowing and let the central bank monetize in chunk through their colossal gold holdings.

 

Gold is definitely come in handy, for gold owners are able to have cash for gold at anytime; that is, selling their gold to have some cash in return. However, gold owner are to find the best gold liquidator company, which will give you money for your gold.

 

I know one good comapny in US who does liquidation of gold online.Its Cash4Gold. Did anyone from US try Cash4Gold?

 

This is absolutely logical, but mate, inflation does not happen every time.

 

True, it is. I know inflation is cyclic and you have the up and down every year.

 

I prefer the third category where hedging and profit is combined.

 

It doesnt happen anytime? how can you say that mate? Inflation is always there in the economy, you have to have inflation in order to grow your economy, you cant just eradicate Inflation out of the economy.The topic of debate is how much Inflation is good not that if there should be an inflation in the economy.

 

Good point .You put it very clear.thanks

 

Thanks for appreciating Ginger, when learned users like you appreciate a post , it make me want to post even more , and be a bit more active then ever, thanks a lot Ginger.

 

You are welcome!

 

Ginger do you recommend this cash4gold website for online gold conversion.I think we can go offline gold deal and it is more practical,can't we?

 

I don't recommend it seems you are from UK.They are good at US customers.Thanks