Comments on: Gold sales shine in dark economic times

Internet retailers selling precious metals say that economic uncertainty, the stock market crash, and inflation fears have led to a resurgence of interest in all kinds of precious metals--and a shortage of gold and silver coins.

[hates-fish]

Gold is way inflated. Stock market panics seem to do that...

[declan00]

hates-fish: You may think that gold "is way inflated" but it's gone up by $200/oz since you wrote this comment. I think we can safely say that the stock market and housing market bubbles were "way inflated"; it's hardly clear that gold is in the same situation.

[DGCmagazine]

No with trillions of newly created dollars hitting the world stage, paper will soon be inflated beyond belief. Gold is the only rational choice to preserve your monetary value. (ask anyone with a 401k full of stocks :-)

Both <a href="http://www.bullionvault.com">http://www.bullionvault.com</a> and <a href="http://www.anglofareast.com">http://www.anglofareast.com</a> are great ways to buy allocated gold bullion similar to GoldMoney.com

Mark
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[john42]

Be wary of gold rush suggestions based on claims that gold soaring? That's not what has been happeing through 2008.

The Forex Gold Index shows that the price of an ounce of gold started the year at around $800. By late March it had risen to just over $1000. Since then - apart from a couple of short-lived spikes - the price has steadily dropped. As I write, it is $730. It could well rise as interest rates fall but these are weird times. Be wary.