Typically it is a sign that the dollar is going down and so is the economy. If it continues, the price of gold will increase and the dollar will be worth nothing. This is a great time to invest in gold. Buy in small denominations that can be easily traded. Or buy it as an investment.
Did you know that regardless of the price of gold, it always takes the same number of ounces to purchase a house? Not so for the dollar.
For example:
In 1920 it took 250 ounces of gold to buy an average family house, but it cost $5000
In 2009 it still takes 250 ounces of gold to buy an average family house, but it costs $250,000
Which do you want to save? Dollars? or Gold?
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