Tuesday, March 3, 2009

With Obama in office, the media promises a turnaround in our country. However, why have stocks plummeted? The reason is a conflict in support for our new president. Investors are currently dumbfounded by the allocation of stimulus money. Money to AIG vanishes in weeks, and the government continues to give more. With all this assistance in the form of money comes inflation, and inflation will kill stocks and America. Whether you agree with Obama's budgeting for stimuls packages and bailouts or not, it is still not too late for you to invest in gold. Choose a gold stock that is directly related to it's actual price like the ticker GLD. Also an excellent buy is AEM which is a well managed mining company is a steal for investors looking to see profits in 6-8 months. It's target price is $56, almost $10 over what has been trading for over the past few days. Wrap yourself up with sturdy blanket made of gold to cover your losses.

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