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Old 07-25-2011, 06:57 PM   #67
justplugit
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Join Date: Nov 2003
Location: east coast
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Quote:
Originally Posted by spence View Post
Don't think there's any in my 401K but the money market could have a bit.

-spence
I doubt they would have it in your 401 K but you can have it in your IRA.
Buy it as spdr gold trust [symbol GLD] where you can trade it, or a good
gold mutual fund of which there are many, minning companies etc.
At $1570 an oz it's pricey now, some say it could hit 2-3000 oz but at
this point I wouldn't bet the farm on it. It can go down as fast as up.
Hedge against inflation and protection against financial collapse,
depends on which way O takes us.
Kinda like an insurance policy.

" Choose Life "
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