I am long some physical gold and I like this: http://www.telegraph.co.uk/finance/...nvestors-add-43pc-to-holdings-of-bullion.html
gold is being dragged lower by the rest of the idiots who are selling stuff ... esp "silver" and "oil" esp on friday the "only true yellow" that is bullish these days is : www.thegiantnapkin.com/images/orange-juice.jpg
Their fees for storage are high. Im not sure you can make anything holding gold long term with their holding fees.
There are other medians. Take the initial hit with the coins is another option. http://www.telegraph.co.uk/finance/personalfinance/investing/3530663/Ten-ways-to-invest-in-gold.html
Not quite. It depends who is doing the measuring and what they measure, and what they measure it against. For example, when Argentina collapsed, the official rate of inflation was less than 1/2 of the unofficial rate. In the case of the US, what other currencies will collapse with the dollar? Against those it won't even look like a collapse. Short term, here, I think the dollar is going to bounce and squeeze the shorts. Nobody, but nobody thinks the dollar will go up, therefore it must, even if it doesn't deserve to. Once the squeeze runs its course, look out below.
Well you could not buy much with the official currency and the black markets preferred barter over the Argentinian dollar. You also forget that US is printing unprecedented amounts of dollars in a very short period of time. There are also massive amounts Eurodollars.
Agreed. Deflation will never be allowed. The debts will see that inflation will prevail. Hence Gold is always the only perma bull market.