Monday, January 14, 2008

No Protection against inflation

Oil, Gold Show Inflation; TIPS Traders Say Forget It

Lots of people are wondering where to put money for wealth preservation. Government Inflation Bonds are no good either. "Just because oil trades above $100 a barrel, gold fetches more than $900 an ounce and U.S. consumer prices climb at the fastest rate in two years, now is not the time to buy U.S. government securities protected from inflation."

Posted by happyrenterz @ 05:20 PM (452 views)
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