Quote:
Originally Posted by justplugit
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. |
Gold prices are global, Obama might be able to influence, but there are much larger forces at play.
-spence