Thursday, February 07, 2008

Is HYIP Back in Favor?

With the US stocks market in turmoil, maybe HYIP is back in fashion. Here are the reasons why:
  1. Stocks are in bear market, no stocks should be purchased until the pattern changes.
  2. CD yields are low.
  3. Maybe some gambling money can be deployed (same as buying stocks and sinking after purchased), but at least HYIP can make some quick money.
As far as I am concerned, even I leave the money in e-gold, it may still go up because the price of gold is still in the uptrend.

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