This blog contains some simple tips and advice from two regular guys. We're not accountants, financial advisors, or brokers, so follow, ignore, or discuss our ideas as you see fit.

Tuesday, January 8, 2008

Gold is going crazy!

Posted By Paul

A long delayed follow up to my earlier post:

Investing In Gold

Some of you may have noticed that the price of gold has been shooting up recently. Apparently as the stock market falls and the word 'recession' starts to pop up many people start to run from securities and instead put their money into gold.

I only own a little bit of gold, but it's nice to see SOMETHING I've invested in going up nicely in recent weeks.

I may have to remember this tendency for gold to increase in value when investors get nervous and perhaps purchase a little more gold in the near future.

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