streetTRACKS Gold Trust (ETF) (GLD)

LeoFender (< 20) Submitted: 7/19/07 10:40 AM : Start Price: $66.78 GLD Score: -63.29

Long term call, the market will outperform gold over the next 50-100 years, as it has for the last 50-100 years. I think the dollar may slide a bit further.





The ultimate cause for inflation??? Printing money at a faster rate than the economy is growing. The U.S. of A has done a decent job of preventing this from happening, so as rates start to climb, the dollar holds steady. Gold is a decent hedge bet for U.S. inflation, but I prefer global equities at this point in time if you're looking for a decline of the U.S. dollar.

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