Comments on: Lesson 2: 5 Rules of Investing (& George’s Thoughts on Gold)

By: tfrenn

tfrenn — Tue, 18 May 2010 12:46:35 +0000

Gold and silver have had every excuse to set new record highs but have been found wanting. In a deflationary environment cash is king. Gold will only go up if the dollar is devalued. With the destruction of credit, which means deflation, gold going higher is a long time coming.

By: phonedial9

phonedial9 — Sun, 16 May 2010 00:40:26 +0000

Gold is a terrible investment. The cycles are too long. The only way to play gold is as a speculator (good luck) or using it as a hedge. Anyone who buys gold for the long term because they think it will outperform the other markets is a fool.

By: Parker345912354

Parker345912354 — Thu, 13 May 2010 12:52:09 +0000

There is no gold standard anymore, gold is just another object like a tv or a dvd player it can be sold but it cannot be used in a computer transaction (of witch 97% of the world economy thrives on) this alone has renderd gold a pointless to invest in. however when the economy colapses (witch it will) it would probbly be a wise to own some gold, so dont trade it.. KEEP IT

By: audiohi

audiohi — Wed, 12 May 2010 11:58:42 +0000

IMO gold is going to skyrocket, and im not a gold bug by any means. The point about gold being unable to be used in a computer transaction is exactly why its going to go up. Didnt anyone here listen to George? Hes absolutely right, the fundamentals are going to skyrocket when the curtain is lifted and everyone sees that our economy is nothing but a house of cards.

By: Ryukikon

Ryukikon — Sun, 09 May 2010 14:05:49 +0000

Gold is a terrible investment you only say that one because you truely don’t understand what your talking about and two your probably thinking only about getting rich quick. If you fall into the latter I will waste no more time taking to you, you need to educate your self to the point where you understand something from the ground up. Not just know it as it is stated at the level of ground or at the level of up. Good luck.

By: phonedial9

phonedial9 — Sat, 08 May 2010 19:24:15 +0000

I’m thinking about getting rich quick? I guess you didn’t catch the sarcasm when I said “good luck speculating”. LoL

By: haynaku2007

haynaku2007 — Fri, 07 May 2010 22:45:16 +0000

I suggest that that you provide a better and bigger board.

By: KashmirShahzad

KashmirShahzad — Wed, 05 May 2010 05:54:53 +0000

There will be a worldwide electronic blackout in the near future wherein everybodys account will be erased of all money.
Gold is all u will have. Gold. Gold. Gold.

By: erictjie

erictjie — Mon, 03 May 2010 09:51:01 +0000

as always gold will bust under $300 again in the next 2 years. just another cycle

By: Krustbox

Krustbox — Sun, 02 May 2010 20:16:03 +0000

Search “Gold Investing” on Krustbox (dot) com