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<p>[QUOTE="coleguy, post: 372507, member: 9167"]Interesting read. I think in some circumstances this might happen. But, I think the trend and it's effects, like we've seen in most of our lifetimes before, will be short-lived at best. To make a profit in gold investments, you have to secure a buyer. Right now buyers are a dime a dozen, and people are stocking-up their reserves. But, when it comes time to sell, when say the dollar is rebounding and it's once again profitable to sell commodities in exchange for the dollar, buyers will be scarce and large reserves of gold and silver will sit, unwanted, and the prices will plummet.</p><p> </p><p>Gold is too risky if you ask me. I'd rather invest in something that doesn't depend on fantom inflation and economic slowdowns to turn a profit. Not to mention, a dollar is solid, regardless of it's inflation or deflation. A chunk of bullion won't buy a Big Mac anytime soon.</p><p>Guy~[/QUOTE]</p><p><br /></p>
[QUOTE="coleguy, post: 372507, member: 9167"]Interesting read. I think in some circumstances this might happen. But, I think the trend and it's effects, like we've seen in most of our lifetimes before, will be short-lived at best. To make a profit in gold investments, you have to secure a buyer. Right now buyers are a dime a dozen, and people are stocking-up their reserves. But, when it comes time to sell, when say the dollar is rebounding and it's once again profitable to sell commodities in exchange for the dollar, buyers will be scarce and large reserves of gold and silver will sit, unwanted, and the prices will plummet. Gold is too risky if you ask me. I'd rather invest in something that doesn't depend on fantom inflation and economic slowdowns to turn a profit. Not to mention, a dollar is solid, regardless of it's inflation or deflation. A chunk of bullion won't buy a Big Mac anytime soon. Guy~[/QUOTE]
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