Stock Pick: Gold and Silver (GLD and SLV)
If stock prices go up, Gold and Silver would go up as more people will buy it to hedge inflation.
If stock prices go down, Gold and Silver would go up as people would seek a safe haven.
The way the Fed and the world is printing money will surely make inflation inevitable. Developing countries with sound currencies might start stocking up gold ans silver as they become more cautious about the dollar.
The potential gain is huge and the risk is minimal.
admin :: Apr.27.2009 :: Stock Picks :: No Comments »
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