Wednesday, May 12, 2010
Gold
Just got done with the daily reckoning for today. Basically says that as with the great depression we are going to see gold prices soar. Bill may be on to something. In a world where paper money loses all intrinsic and supposed value, the real wealth resides in items that have actual value and purpose. Commodities will see a large rise in value over the next few years. You might have to sit on it for a while, but look to mining and other metal producers for big upswings.
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Gold,
The Daily Reckoning
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I really liked the argument that it will go up with deflation and inflation. I wonder what will happen to silver prices. I still think they are under-priced, but hey, that is my opinion.
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