Anybody buying gold in anticipation of hyperinflation?

Gold is a stupid investment. The only real value that gold has at any particular moment is the value other speculators give it.

The stock market and foriegn stocks are much better inflation hedges than any commodity.

In fact - the best 'inflation hedges' would be the stocks of commodity producers. One example here would be a copper mine in Canada. Another would be a 'small cap' oil and natural gas producer in Texas.

These have an advantage over any speculation in gold as these are investments in something that actually creates and adds value to something.

No, because the govt can come in and demand it from us-then what? I think it was 1934 or so, that this happened. I have to pay rent-on unemployment-laid off. I am now counting the ways to make good soup out of canned refried beans: add water, onions and whatever else you have-not bad at all. Nope-I am not buying gold.

i'm buying gold mines in the penny stocks thats all i can afford but gold is going sky high 1,065.00 an ounce now

Silver is doing much better. Bernanke and Obama say Recession is over. But then, Gold and Silver don't lie.

I've been buying Gold, but I have done this to diversify my portfolio. So far things have worked out great.

People had better buy both, and buy it now! It'll be the only way to survive the coming depression. Better not forget stocking the water, too.

yes , you cn buy gold right now , dollar collapse goin to shoooot the gold price to a much higher levels

no, but 90% of worlds gold has already been mined. So It wont be going down. and gold is used in computers and lot other things.

If I had money to invest, I'd put every dollar I have into silver and gold.

Right now, the best I can do is buy food and pay rent.