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2009-09-08 17:50:00
Harmor
Error_Name_Not_Found
+605|6836|San Diego, CA, USA
Is a large organization like USAA is sending the following email:

USAA wrote:

HIGHER INFLATION MAY BE COMING. IS YOUR PORTFOLIO PREPARED?

Dear Thaylor Harmor,

The government's efforts to pump up our economy again may cause something else to go up: inflation. The Precious Metals and Minerals Fund from USAA is designed to help your investment portfolio keep pace.

Here are some quick facts about the Precious Metals and Minerals Fund:

• Aims to provide long-term capital appreciation and to protect the purchasing power of your capital against inflation.

• Normally invests at least 80% of its assets in equity securities of domestic and foreign companies that mine and process gold and other precious metals and minerals.

• As of June 30, 2009, the fund's annualized returns are 20.45% (YTD), -19.78% (1-year), 20.55% (5-year) and 21.64% (10-year).

If you'd like to learn more about investing in precious metals as a strategy to help protect against inflation, please take a moment to read the article "Is it time to 'inflationize' your portfolio?"
finally time to 'inflationize' your portfolio?
2009-09-08 21:08:35
(T)eflon(S)hadow
R.I.P. Neda
+456|7116|Grapevine, TX
Gold is selling (apparently) like hot cakes. Its almost tripled last time I checked in last 10 years. Sounds like an aggressive marketing campaign, designed to capture the "critical" economic times we live in. USAA is a great run financial company (bank). I don't think they have any bad intentions. They send out annual , full-disclosure financial statements of the companies budget. I think they're fine.
2009-09-08 22:22:24
Macbeth
Banned
+2,444|5873

I would hate to have to clean up all the suicides after we one day learn to make gold in a lab.
2009-09-08 22:37:53
S.Lythberg
Mastermind
+429|6734|Chicago, IL

Macbeth wrote:

I would hate to have to clean up all the suicides after we one day learn to make gold in a lab.
we can now actually, but it isn't cost effective yet
2009-09-08 23:03:25
ghettoperson
Member
+1,943|6937

Your name is Thaylor? Did your parents misspell Taylor?
2009-09-09 08:19:05
IG-Calibre
comhalta
+226|7030|Tír Eoghan, Tuaisceart Éireann
anything keep the price of Gold high to stop the Chinese liquidising the trillions of Dollars that they own & are going to see become valueless as the Dollar collapses completely through super inflation in the next 12-14 months, the price of Gold ain't coming back down for a long time, any reduction will see the Chinese buying it up like its going outta fashion..

Last edited by IG-Calibre (2009-09-09 08:20:05)

2009-09-09 09:03:37
(T)eflon(S)hadow
R.I.P. Neda
+456|7116|Grapevine, TX
Way to derail guys
2009-09-09 11:23:07
FEOS
Bellicose Yankee Air Pirate
+1,182|6698|'Murka

Precious metals are a well-known hedge against inflation.

Inflation is a well-known consequence of our current economic situation.

I'd fire USAA if they didn't make the offer, tbh.
“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein
Doing the popular thing is not always right. Doing the right thing is not always popular

 

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