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Updated almost 12 years ago,
BUY GOLD!
Well, if I could I would, but I want to buy my first property before I buy any gold as my money supplies are not that big... but, I wanted to share it with everyone else that I believe you should buy gold very soon. Now let me give you the reasons:
I subscribe to an Austrian economist named Peter Schiff's ideals. That's the main reason I believe more of you wealthy folks should buy and if you'd like to hear his reasons why, here's some of his videos:
(This one details what's going on currently)
http://www.youtube.com/watch?v=XC-XZJK0qD0&feature=g-all-u
(Here's some of his past stuff when he was predicting the 2008 bubble entitled, "Peter Schiff was right")
http://www.youtube.com/watch?v=Z0YTY5TWtmU
http://www.youtube.com/watch?v=2I0QN-FYkpw
Of course, I don't just blindly buy his ideals, or just heard of him. I've been following him for about 4ish years, and I think a lot of his ideas are rational. Of course only time will tell. I also like Milton Friedman (I think he was one of the best in the capitalism philosophy) as an economist, and Peter Schiff is fairly similar so I like that too.
Books I recommend by him would be "How an Economy Grows and Why it Crashes" (it's a fun read), and "The Real Crash".
Not trying to advertise him necessarily, but I think if you guys look into his ideas and decide you subscribe to his ideals to, I think you guys/gals may be able to make some good money in a gold investment. Of course I don't think you guys/gals will just blindly listen to me, but I'm just throwing it out there for you to investigate for yourself so you may decide if this makes sense to you too.
What do you guys think of this?
EDIT: Oops, wrong section, if one of you Mods could move I'd be thankful :D