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View Full Version : currencies to get involved in



presto
15th April 2009, 18:58
with the printing presses rolling out cash out of thin air, or quantative easing as they call it, is anyone hedging against inflation?

i am currently stocked up on silver and looking at gold if it dips around the $850 mark. and looking into more stock options (funds).

though cash wise, think sterling could rise to $1.50 -1.60 US and Euro1.20-1.30 by the end of the year, but longer term the aus / canadian $ look the better option.

Win2Win
15th April 2009, 19:45
Long term GBPUSD is for 1.6 in a few months by the so called 'advisors'...they'll be the ones who seen all bank and world economy collapses coming :rolleyes:

Overall long term trend is up though. A1 investment.

Gold may be in for a bouncy ride now with the markets and currencies settling down and people start shifting money out of it. Market peak has gone, no use getting involved now.

Haven't looked at silver, not shiny enough for the missus :laugh

barrelmaniac
15th April 2009, 23:08
I agree, I think gold is at a high at the moment, havnt checked recently but a short while back silver looked like an appealing investment to me