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Is anyone going to invest in gold if the dollar crumbles? we all should,if we can i think?

 
2mothershelpers

Asked by 2mothershelpers at 1:02 AM on Apr. 21, 2009 in Money & Work

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Answers (5)
  • Our paper money will become invaluable to other countries, I think gold is something they'd rather have, its gold.
    Anonymous

    Answer by Anonymous at 10:33 AM on Apr. 21, 2009

  • The government drives the price down, buys it up and then watches the price go up. At least gold has intrinsic value unlike paper currencies. One thing our government cannot totally control is the global market on gold. Right now buying it is a good idea as it'll probably still go up. Monex.com is a good, reputable site.
    jeanclaudia

    Answer by jeanclaudia at 1:06 AM on Apr. 21, 2009

  • You know I read this book- how to profit from the next great depression- and the author said that Gold will retain it's value during a depression but because of it's value, people will hold onto it instead of spending it. KWIM? We would continue to use other means of trade rather than using something that has some much value to us.
    Anonymous

    Answer by Anonymous at 6:38 AM on Apr. 21, 2009

  • I would be more for investing in cows, pigs, and veggies.
    Anonymous

    Answer by Anonymous at 7:45 AM on Apr. 21, 2009

  • Oh lord.
    Anonymous

    Answer by Anonymous at 10:54 AM on Apr. 21, 2009

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