Is worry about the stock market decline causing investors to go to cash moving the dollar higher AND at the same time pushing gold higher because of it being a perceived safe haven?
Read More0Do You Buy Real Estate Now or Wait? Part 2/3
Buying Gold in YEN Now Making Sense
Why Is the U.S. Dollar Price of Gold Falling?
Let’s face it. With yield on treasuries and CD’s so low, those who have lived off of the interest from their various investments have seen their income fall considerably. To prevent having to dip into principal and deplete one’s savings, investors are now choosing to put their money in financial instruments that offer a better return.
But is gold still a good investment?
Read More0Is Gerald Celente Right About the "Crash of 2010?"
My point in critiquing Celente is on the timing of his “crash” prediction, not on whether or not there will be a crash. He will probably take credit for predicting the crash no matter when it occurs, but the reality of it happening in 2010 is a mystery to me, barring any external influences (like WWIII).
I also take issue with his simplistic concept of bringing production (manufacturing) back home” and his “slave labor” comment which I’ll address first.
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