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• Consumerland Admin

  

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  August 21, 2010 12:16 PM CDT

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  Gold seems high right now while the dollar is at a relative low, when the dollar bounces back I would expect gold prices to drop. I wouldn't want to have gold in my portfolio at the end of this year.

• Consumerland Admin

  

  • 144 posts
   

  August 21, 2010 12:17 PM CDT

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  looks like you are right. you would think the flight would be to gold but it is going to the dollar.
• Consumerland Admin

  

  • 144 posts
   

  August 21, 2010 12:18 PM CDT

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  Consumerland Admin said:
  
  

  Gold seems high right now ($1100 per once) while the dollar is at a relative low, when the dollar bounces back I would expect gold prices to drop. I wouldn't want to have gold in my portfolio at the end of this year.

  
  

   

  
  I agree, but not just gold, all safe play-low yield investments will be overpriced because that's what people perseive as safe. I would not buy bonds now, its time to hold onto cash then wait for some steals to come up in realestate or buy notes from banks/ fannie mae (maybe morgage backed securities).

  
  This post was edited by Consumerland Admin at August 21, 2010 12:18 PM CDT