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fishnfla Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-04-03 12:20 PM
Original message
Stock market prediction
Gold will be over $400 an ounce by the end of the month. $425 by the end of the year. Currently at $384ish. This is due to another Wall Street scandal, the record deficit and the weakening dollar. I actually had this feeling 2 weeks ago after reading one of Krugman's columns, it has gone up since that point.
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WinstonChurchill Donating Member (52 posts) Send PM | Profile | Ignore Tue Nov-04-03 12:22 PM
Response to Original message
1. Is This a Good TIme to Invest in Gold?
I need some help, after the Repugs have let corporate Amerika loot my 401(k).
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leftyandproud Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-04-03 03:42 PM
Response to Reply #1
3. gold and silver
I've been getting a few coin bargains on ebay...always good to keep a small amount for emergencies.
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fishnfla Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-04-03 05:17 PM
Response to Reply #1
4. If your 401(K) plan has a precious metals fund
it would be a could idea to start puting some contributions that way for the next year. According to Paul Krugman, financial markets may go into chaos. Hard investments like precious metals and real estate will fare best.
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Occulus Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-04-03 12:23 PM
Response to Original message
2. I keep telling my mom
to start putting her money in gold, and she keeps ignoring me.... whilst complaining that her investments are worth so much less now than they were two years ago.

Sigh.
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fishnfla Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-04-03 05:18 PM
Response to Reply #2
5. tell her to diversify, she'll get it
she should be some stocks, some bonds, some real estate, some precious, etc.
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LuLu550 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-04-03 05:20 PM
Response to Original message
6. all my assets are frozen
frozen pizza, frozen chicken breasts, frozen ravioli....
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