Apr 15, 2009

GOLD!



Talk radio ads for gold amuse me. Everyone from Rachel Maddow to Michael Savage love the shiny substance. Gold is a stable investment that rises in value when times are turbulent. But listening to talk radio ads, you'd think it was the fastest way to obscene riches. Every host has their own degree of enthusiasm when it comes to their pitch, with most tending toward hoping society collapses so their coins will earn them more squirrel meat in the post-apocalyptic farmer's market.

2 Comments:

Blogger Judas Peckerwood said...

Better off just buying guns and ammo. When the apocalypse comes, the people with the guns will have the squirrel meat AND the gold.

1:06 AM  
Blogger Mike Kole said...

Gold always performs best when inflation is on the rise, and with the print-and-spend policies of the Bush-Obama Administrations, it's likely to be a good investment- as a hedge- against devaluing currency. In terms of real gains? There are some, but they are marginal.

10:39 AM  

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