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<p>[QUOTE=&quot;Vess1, post: 1349303, member: 13650&quot;]Yeah, but what&#039;s the alternative?&nbsp;&nbsp; A savings account?&nbsp; My best savings account is getting 0.25% right now with a credit union.&nbsp; Another bank is at 0.1%&nbsp;&nbsp; You could lock it in to an online, &quot;high yield savings account at a whopping 0.9%.&nbsp; Or a CD for 2% if you&#039;re lucky.&nbsp; You&#039;re still losing for years to come.&nbsp;&nbsp; To the OP, if you had a free $1k sitting there I&#039;d say buy something gold and roll the dice.&nbsp;&nbsp; You may as well take your chances with it than with the banks.&nbsp;&nbsp; </p><p>&nbsp; I don&#039;t think anybody will be surprised when gold goes to 2,3,5k and beyond.&nbsp; Some day we&#039;ll look back at this time as the good old days.&nbsp; Give it 10 more years.&nbsp;&nbsp; Silver will be $100, at least.&nbsp;&nbsp; In the mean time, the fed has no choice but to keep interest rates bottomed out to kick the can down the road and hold off total collapse as long as possible.&nbsp; Meaning the banks will be paying nothing for many years to come.&nbsp; &nbsp; </p><p>&nbsp; If anybody here thinks interest rates will be coming up any time soon, just look at the housing market.&nbsp; The US has 10s of millions of homes sitting vacant.&nbsp; Sellers cant sell right now with the lowest interest rates we&#039;ve ever had.&nbsp; If you want to see CURRENT home prices drop off a cliff, just raise interest rates to 6, 8 ,10%, like the old days.&nbsp;&nbsp; I expect to see banks&nbsp; paying 0.1% for many years to come.[/QUOTE]</p><p><br /></p>

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