[lbo-talk] 12%, plus

Marta Russell ap888 at lafn.org
Tue Jan 8 12:32:02 PST 2008


On Jan 7, 2008, at 10:21 PM, Joanna wrote:


> Marta Russell wrote:
>> What about gold investing? I was told by someone who is trying to
>> get me to buy gold bricks that gold has increased 30% a year for
>> about 6 years now. He claims inflation is at about 11%. Is anyone
>> buying gold or have any insights on that one?
>> Marta
>>
> I bought at four hundred and happily watched it double. Opinion is
> divided as to where it's going to go.
>
> Some say it will continue up because of global currency inflation;
> others say it will go down because it's a commodity.
>
> I'm betting on up.
>
> Joanna
>>

Yea, I'm thinking the same. Just not sure how to obtain and evaluate what I am buying yet. Marta



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