Gold vs. EUR/USD

For quite some time now you have been hearing from people on TV and radio to invest in gold... They've been saying to invest in gold because out economy is in big trouble and the dollar is dropping in value... What they are saying is true, our economy is in trouble and gold is on the rise, but is gold the best option? For many people yes, but for those of you who would like a chance to make a much higher return the forex may be the better choice... With gold you get a 1:1 leverage but 200:1 with forex... Now why does this matter? Lets say you have only a few thousand to invest with, if you chose gold then $3,000 USD would buy you around 3 ounces of gold, so gold would have to go to $2000 per ounce to double your money... A $3,000 investment in the forex trading the EUR/USD, had you begun in February 2006 the market was around 1.2500 and remained in the trade until January 2008 the EUR/USD was at 1.4500... Trading only a 5% margin of your account with a 200:1 leverage you would have made $6,000 for a total account balance of $9,000... A 300% return in less than 2 years. To do that invested in gold, it would have had to climb to $3,000 per ounce... If gold goes up to $3,000 per ounce then you can bet the dollar is sinking faster than gold is rising... Along with a 200:1 leverage, you will clear a much higher return...