[extropy-chat] Conspiracy Theory Theory [

[Brian Lee]

There are better investments in times of devaluing US currency. For example, 
euro/yen denominated stocks, bonds and real estate.

Long term, gold has always been the fool's investment. While gold is up 
gangbusters in the past 3 years, it is because of the declining dollar. 
There's higher return in just buying euros.

BAL

>From: BillK <pharos at gmail.com>
>To: ExI chat list <extropy-chat at lists.extropy.org>
>Subject: Re: [extropy-chat] Conspiracy Theory Theory [
>Date: Tue, 26 Apr 2005 17:05:08 +0100
>
>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.
>
>BillK
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