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Historically, gold has not kept up with inflation. In addition, typically investors purchase gold (and other precious metals) at retail prices and sell at wholesale prices. For typical investor, gold prices would have to rise a good deal for the investor to simply break even.
In short - NEVER buy gold.
Stupid answer above - ignore. Gold is a great buy in times of inflation. Now for example - With so much money being printed as currencies devalue other countries look to increase their foreign exchanges % of Gold. Look at China at the moment they current have 1.4 % of their reserve in gold (the reserve is about 2.4 trillion $) Most of this is in USD. They openly have a plan to increase gold spending and production to change this. The US have about 60% of their foreign exchange made up of gold. Simply supply demand at the moment.
Dont buy physical gold either just buy the SPDR gold shares or a similar EFT. I believe we will see gold hit $2000 buy mid/late 2010
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How did the arrival of diggers searching for gold during the gold rush in Australia affect the indigenous people?
good
Is investing in Gold a good strategy in a down economy like we face today?
Like any investment, gold can be risky. Between the inflationary pressures of low interest rates and deflationary pressures of a recession, gold can fluctuate similarly as stocks. However you don't have the risk of gold filing chapter 11 bankruptcy, it will always be worth something. So it is a safer bet in some ways, but you may still not make money on it.
What are gold stars used to represent?
Gold stars are usually symbols of good behavior or success. There are many times in school when teachers give them out for a good test score or a good deed.
What is friend worthy?
A good friend is worth more than gold. This means a good friend will always be there for you in good and in bad times.
What was the year the Chinese came to immigrated to America?
To seek their fortunes during the good rush of 1849
How do you get tarnished axe on dragonfable?
A good question, but, you cannot get it anymore. It was a drop during the gold war.
Is gold a good investment in these turbulent times?
no gold is dependent on only the price people will pay for it. It has no intrinsic value and is a non productive asset.
What are good items to get as gifts on runescape?
The ones that are given during holiday events are good at times.
Did soldiers have cookouts during Vietnam?
Yes, part of the good times.
Which is the best conductor of heat between gold and lead?
When we consider the two elements gold and lead, we find that gold has a (ball park) thermal conductivity of about ten times that of lead. If you guessed that gold is about ten times as good a conductor of electricity as lead (based on the information presented regarding thermal conductivity), you'd be on target. In general, thermal and electrical conductivity both "track" from metal to metal. Good electrical conductors are generally good thermal conductors.
Is gold a good conductor or a good insulator?
Gold is a good conductor of electricity.
How much did an ancient greek chariot cost to buy?
There were no cars in ancient times in Greece.
