Random Access Memories

December 13, 2011

The Gold Bubble

by Lasivian @ 2:54 pm. Filed under Personal

So for awhile now I’ve thought that gold is way overvalued, and is going to have a sharp correcting within he next 5 years.

I’ve talked to other people regarding this, and many agree, but they brush off the risk by saying that it won’t be that bad since the average person is not invested in precious metals.

Yet today what do I see on TV? An ad for a “Gold IRA”. Sure, invest your retirement savings in gold.

How many people will be stupid enough to make this risky a move? Time will tell I suppose.

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