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News Link • Gold and Silver

Gold Is a Relic?


Forget the dollar and gold, here are the real safe havens ... Contemplating eurozone disintegration, renewed hostilities in Korea and an anti-inflationary clampdown in China, investors' default reaction has been a time-honoured retreat into the perceived safe havens of the dollar, Treasuries and gold. I'm not sure this makes much sense. Increasing exposure to the liabilities and currency of a debt-burdened economy flirting with deflation and a metal with little utility and less yield seems like an odd response to extreme market stress. Faced with the probability of heightened volatility, I would rather protect myself with the factor that all real investments have in common – a reliable income. Over the long haul, the most important element of an investor's total return is the re-investment of this income. – UK Telegraph

Dominant Social Theme: Investing is a complicated task... better leave it to the professionals.

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1 Comments in Response to

Comment by Duncan Adams
Entered on:

I would research carefully what he is saying . It is basically a long term buy and hold mentality . OK IF YOU want to do that . But remember this guy works for Fidelity and the Experts employed with these kind of brokerages very seldom recommend precious metals . The Prudent Practices devised I think in the 50's , that have court precedent keep them out of hot water but can allow you to be in more trouble in todays world . Research it decide for yourself ,

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