Archive for March, 2008
Gold, The Fed, Bear Stearns, Bailouts
Date: March 16th, 2008, Filed under Gold Investment
It’s been a long while since my last update, mostly because life has become increasingly busy. My church printing co-op is growing leaps and bounds, my consulting business is still showing growth, and travel has taken a lot out of me. I’m putting about 70 hours a week into preparing for a fall in future income, and it is paying dividends today.
The gold market continues to shock me, but not because I feel it is in bubble mode. When the stock market was in bubble mode, everyone and their mother was talking stocks — including friends of mine who were not really able to invest. When the bubble moved to housing, those same people were talking houses. No one I know talks about gold, except those who have listened to me for the past 5 years or so. I know of many people who cashed in their gold holdings in 2007, selling with a 250-400% profit over a half decade. Good for them.
Read this entire article at the gold investment site.
