[extropy-chat] Conspiracy Theory Theory [

BillK pharos at gmail.com
Tue Apr 26 16:05:08 UTC 2005

On 4/26/05, Brian Lee <brian_a_lee at hotmail.com> wrote:
> Yeah, gold is a great investment. Check out these excellent returns of gold:
> http://www.retirement-planning.com/returnrates.htm
> You're better off investing in 3 month t-bills.

Gold and precious metals are a reasonable investment in times of
devaluing paper currency. If the US is embarked on a policy of dollar
devaluation to help solve the deficit problem then converting paper
dollars into precious metal asserts could be a good move. Foreign
investors will get fed up with watching the value of dollar
investments collapse in value.
Internal US investors should also be thinking about investing in
tangible assets that hold their value in times of higher inflation and
stock market crashes.


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