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<p>[QUOTE="coleguy, post: 780159, member: 9167"]I still think metals are a poor inflation hedge. If they were good as one, why have they not worked in this capacity for as many years as there have been gold and silver buyers and sellers? Think about it. If you buy 20 oz of gold in todays dollar and wait for the economy to rebound and sell when the dollar is strong, I guarantee gold will be deflated, because it always is in times of prosperity. So, you're selling at a stronger dollar value, but lower gold prices, and you're lucky to break even. I've seen this happen about every decade with those who think they just found the fountain of perpetual wealth in the bullion markets. Now, if you buy stock in a bad economy with a weak dollar and weak market prices and wait till the economy rebounds, now we're talking investing for the future.</p><p>Guy~[/QUOTE]</p><p><br /></p>
[QUOTE="coleguy, post: 780159, member: 9167"]I still think metals are a poor inflation hedge. If they were good as one, why have they not worked in this capacity for as many years as there have been gold and silver buyers and sellers? Think about it. If you buy 20 oz of gold in todays dollar and wait for the economy to rebound and sell when the dollar is strong, I guarantee gold will be deflated, because it always is in times of prosperity. So, you're selling at a stronger dollar value, but lower gold prices, and you're lucky to break even. I've seen this happen about every decade with those who think they just found the fountain of perpetual wealth in the bullion markets. Now, if you buy stock in a bad economy with a weak dollar and weak market prices and wait till the economy rebounds, now we're talking investing for the future. Guy~[/QUOTE]
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