Re: Where do you keep your Savings?
"We have been subscribing to Moneyweek magazine since the last 2 years or so, and surprisingly enough, everything published in it so far has been pretty accurate. "
Highly doubt any magazine has such a terrific track record.
This article looks in the rear vire mirror and says Gold is up 15% - and is not in a bear market. If this magazine recommended Gold at 250 I would salute it. But to say at 1920, it is not in a bear market and hang on, it is just a bunch of bull crap.
One other poster here had stated at 1780, that one of his contacts in the know said God is the place to be. Since then, Gold is down a lot - and we have not heard from him or his contacts.
For each such article, one can find other articles that say the opposite.
Some may be pumping up Gold because they may want to get out and sell to unsuspecting people. So buyer beware
I was talking in the context of Gold, not everything else. As far as gold is concerned, it did pretty much predict correctly. But the question is, have you bought any gold yourself or not???
