Xis


Gold can be kept in a safe place without using a bank or any capital based business, but is it hurting the stability of our economy?
but i appears to me that wall Street executives did the same thing today, and THAT’s the trouble… if more people do the same thing everything is going to crash. This is not good.

5 Responses to “was it hurtful to our economy when i sold ALL of my investments today and bought Gold instead?”

1. DAR on January 30th, 2009 6:49 am

   Nah, but you’re part of why gold shot up in dollar measure more today than any day ever before. $85 I believe.

   And they called Ron Paul a kook….

2. gbates31 on January 30th, 2009 3:50 pm

   You made a smart decision, don’t regret it. You have no obligations to “the economy”. The overall economy doesn’t give a rat’s about you, so don’t pledge loyalty to some abstract number. The stock market and other investment schemes don’t deserve your hard earned cash.

3. Joe H on February 2nd, 2009 5:32 am

   You did the right thing!

4. Ted E on February 2nd, 2009 7:40 pm

   A person should always look out for their own personal economy first

5. Credic J on February 5th, 2009 9:50 pm

   That’s what happens when markets fall and theres uncertainty in the economy. People flock to gold because it’s a safe investment.

   It doesn’t do any good to the economy to keep your money in these companies that are failing. You’re helping the economy more by having money to spend rather than letting it sink down the drain

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