Gold as protection

Posted by fivedollargold 13 years, 1 month ago to Economics
5 comments | Share | Flag

Jim Cramer recommends buying the GLD exchange traded fund as a hedge against both inflation and market declines. (And, I would add, as a hedge against the world events such as the Middle East blowing up, etc.)

All Comments

  • Posted by UncommonSense 13 years, 1 month ago in reply to this comment.
    When the authorities forcibly make their way into YOUR home, is when MOST people will be FORCED to make a choice: FIGHT OR GIVE UP. If they can come and take your anything they feel (they don't think) is of value, anytime they like, what's then the point of thinking that somehow, your life will just go on and eventually all will be well?
    People really need to think this situation over and decide NOW, what will they do? There's a reason why FEMA has numerous camps built around the US.
    Reply | Permalink  
  • Comment deleted.

  • Comment hidden. Undo