[Inflation(ForbesIndia)]: 'Why It Makes Sense To Buy Gold'

Discussion in 'Stock Market' started by bic_cherry, Jan 24, 2013.

  1. bic_cherry
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    bic_cherry BANNED

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    QFT: 'Why It Makes Sense To Buy Gold'
    Good article by fund mgr (managing USD150M); article prob written for India audience, but facts about money printing aka Quantitative Easing (QE) initiated by the US FED remain relevant to the citizens of EVERY OTHER export dependent economy- competing to print $$$ (see 'currency war') to keep currency exchange 'stable'/ 'competitive'- e.g. Euro, China, Japan and even Switzerland etc etc will result in escalating price inflation internationally, which would make physical gold an attractive hedge against inflation secondary to money printing (aka QE).
    See related:
    - 'Singapore's inflation may remain elevated for years to come: survey' (CNA, 24Jan2013)
    - http://en.wikipedia.org/wiki/Gold_as_an_investment
     
    Last edited: Jan 24, 2013
  2. whitehall
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    whitehall Gold Member

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    It makes no sense to buy gold when the price is at an all time high unless you are in the business of selling gold at an inflated price. Silver is stuck at around $32 per ounce and it doesn't look like silver is a smart buy either.
     
  3. konradv
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    konradv Gold Member

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