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Money and Finances
Reply to "ISO: Advice for protecting long-term savings"
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[quote=Anonymous]Gold will hit $5,000 or high this year based on like 50 things going on right now. I’d hold the gold until the stock market crashes or shows sustained drops over like a aeveral week period. Then sell it and put the money into VT. Gold survives stock crashes. It inverses the stock market. So your gold will be higher when the stock market crashes or drops and VT will be lower in price. So you kind of want to sell high and buy low if you get what I’m saying. A lot of folks will say you can’t time the stock market and that’s true, but I am telling you, gold is still going up. There is a ton of sht going on right now where everyone in the world wants to be in gold because it’s trustworthy and “real” and can survive inflation.[/quote]
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