When the economy is stuffed & gold starts reducing in value....

Posted by LaxTrade 
When the economy is stuffed & gold starts reducing in value....
October 21, 2011 02:45PM
What do you invest in? Seriously?

I read that there are fears that inflation may not be such a problem, but deflation. And gold is supposedly a good tool against inflation. But when there is deflation.... what then? Money in the mattress?

Money would increase in value over time but would you want to have cash in your hand when the world economy is not looking too flash?

I'm not overly worried about the global/NZ economy but willing to listen to others thoughts/opinions/research.

Also this part of the iPredict Forum had not been used since 2009. So thought we should bring it back.
Re: When the economy is stuffed & gold starts reducing in value....
November 18, 2011 10:51AM
Lax a guy called Peter Schiff has written a book called Crash Proof 2.0. I've got it but haven't read it, but the point of the book I think is to explain how to protect ones self in the crisis. I'm told his advice is basically buy gold, but not sure.
Re: When the economy is stuffed & gold starts reducing in value....
November 30, 2011 02:58PM
I will look him up. Thanks Admin.
Re: When the economy is stuffed & gold starts reducing in value....
November 30, 2011 03:12PM
http://www.schiffradio.com/
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