Sunday, June 7, 2009

Coldplay, Goldplay: Limited Edition - 5 Ounces of Gold for 10,199.95 CAD

Even for someone who's not great at math, I could tell that this limited edition coin is a major rip off.

There have been reports that gold coins from various mints have been selling like limited edition hotcakes. Some mints are even out of stock on gold coins.

Everyone has heard that once an investment vehicle gains mass popularity, that market's basically over.

My theory is that once everyone realises that the economic recovery is taking place, there will be a big gold sell-off. People will want to divert their money to higher growth vehicles and this will include equities.

So, I'm planning a gold play...

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