Would investing in a gold mining company be a good investment right now?
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GDX for example. With the state of currencies globally, and the possibility that the 4 BRIC countries are turning to the Euro instead of the dollar for stability, do you think gold or gold miners are a good investment now?
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rasejunk@ameritech.net said:
There is a lot of evidence right now that gold and gold-related investments are poised to take off and perform even better than they already have. With the massive deficits and government spending, inflation is going to be a problem, and gold typically performs well in an inflationary environment.
This site has a lot of articles, books and other resources to explain gold investing, gold-related alternative investments, and how to get started investing in gold.
September 3rd, 2009 at 12:55 pm -
Wrenched said:
investing in the gold would be better than investing in the mining company.
September 3rd, 2009 at 12:55 pm
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