10-12-2010, 01:32 PM
The point is not that gold is in short supply, or that armaggeddon is coming. It's that all around the world the printing presses are in overdrive, resulting in devaluation of currencies. If there is the same amount of gold but more dollars out there, the gold will be worth more when measured in dollars. Same for all commodities. Metals, grains, oil, gas...everything.
I went back and forth between gold (or gold miners) and grains (or potash companies)...I think both will be great investments in the long term. This gold play is more based on QE2 hopes.
I went back and forth between gold (or gold miners) and grains (or potash companies)...I think both will be great investments in the long term. This gold play is more based on QE2 hopes.
Ex SWG, L2, CoH, Wow, and War
Currently PvPing in the stock market
Currently PvPing in the stock market