Monday, September 27, 2010

Gold Continues to Rise in Response to Currency Devaluation Fears

Gold rises again today in response to increasing fears regarding the devaluation of not only the U.S. dollar but multiple currencies across the world.

Other than buying gold, something I recommended to my readers in 2005 when it was trading at under $400 per ounce, should you be investing those soon to be depreciated dollars in real estate?

Good question.

I'll have my first video answer for you in a few days.  I recently gave a lecture on the interrelationship between gold, real estate, and inflation and the video is being edited now.  I'll be posting it online when it's ready.

In the meantime, think 1976.