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My produce man told me to buy gold is it time to sell?
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<p>[QUOTE="tauferners, post: 711335, member: 20053"]I think people are viewing gold as long term investment, because they think it is safer than stocks right now. People thought mutual funds were a very safe play not too long ago, but most I talk to don't really know or understand they just heard it from somebody else and repeated it. Because they could not explain why they felt it was safer they just don't understand how many investment vehicles are tied in toghether and how they affect each other. And yes devaluation of the dollar will drive the price of commodities up.[/QUOTE]</p><p><br /></p>
[QUOTE="tauferners, post: 711335, member: 20053"]I think people are viewing gold as long term investment, because they think it is safer than stocks right now. People thought mutual funds were a very safe play not too long ago, but most I talk to don't really know or understand they just heard it from somebody else and repeated it. Because they could not explain why they felt it was safer they just don't understand how many investment vehicles are tied in toghether and how they affect each other. And yes devaluation of the dollar will drive the price of commodities up.[/QUOTE]
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