Is Gold really the Future?

gold-future.jpgI have always heard the old bears talk about the future of the economy. At a bank I worked in we had a handful of folks who actually kept gold bars in their safe boxes.

I ran across this story that makes you wonder.

Jewelry retailers face gold price surge

With the dow dropping over a hundred points a day lately I am thinking that old gold rope necklace i had in the late eighties is looking like the most valuable commodity I have right now.

Weigh in, what do you think? Gold or Not?

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Posted: November 19th, 2007 under bear market, gold, stocks.
Comments: 1

Comments

Comment from Indian Equity Investment Guide
Time: December 8, 2007, 5:28 am

Yes, I gold is one of my favourite option of investment. I like its stabillity. One must allocate atleast 10-15% of his investment portfolio to gold. I think when all others fail gold comes to your rescue.

Saurabh Patil

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