|
Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
|
This is a great time to own physical gold if you think the world will soon descend into anarchy and chaos/zombie apocalypse/worldwide financial meltdown.
This is a horrible time to buy gold or gold-related assets if you think the economy will recover. This is similar to buying an "investment house" to "flip" in 2007.
My personal opinion? We are at a crossroads. Greece can only be bailed out so many times before the rest of the EU says enough. Government can only prop up a failing economy for so long--and that statement applies to just about everywhere, Europe, the U.S. and China...
__________________
Some Porsches long ago...then a wankle...
5 liters of VVT fury now
-Chris
"There is freedom in risk, just as there is oppression in security."
|