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USAA Precious Metals and Minerals Message Board

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  • hot_hipps hot_hipps Jan 29, 2011 9:47 AM Flag

    Predictions for JJun 2011

    Anyone who thinks that USAGX is a hedge against a major currency problem, better take another look.
    As a hedge against the problem you are addressing, physical is a better solution.
    But mutual funds full of mining stocks or gold futures contracts???watch out!
    If you believe the dollar will ultimately have a REAL problem, then you best hold physical...not this stuff.
    And if you're just looking to make enough bucks to retain the inflation adjusted buying power of your pile then there are better places for your money than a managed mutual fund of miners.
    A better store of value might be the SDR (strategic drawing right), but you or I can't get any of those.

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