<<I certainly have not come up with much better, or I would have said so before, but I am still looking for now.>>
When you find it let me know. In the mean time, I'll happily keep my 12% portfolio weighting in gold and silver bullion and shares!<G>
BTW, you keep asking us why the sheep will flock to gold and not something else as a harbor from monetary destruction? Well, we touched on Reason ONE (history). Reason TWO is that they've already started flocking to it these past 18 months. Reason THREE is that it's more commonly known as an inflation hedge, rather than simply a hedge against fiat currency system instability, and there are good reasons to believe inflation may be coming back. Reason FOUR is that it's available in known and limited quantities. Reason FIVE is that it's the only WIDELY recognized form of money that is no one else's obligation. Reason SIX is that its portable and small amounts in weight can store large amounts of value (unlike, say, Enron stock certificates, dollar bills or, sadly, silver). I grant you that no single one of these properties makes it the obvious choice of the sheep in the pasture, but each of them act as separate paths out that all lead to a single shining amber meadow. Here's a thought experiment...buy a single one ounce gold Maple Leaf. Hold it in your hand. Feel the substantial heft this small token posseses. Gaze upon its gleaming surface. Consider that coins like it have retained their purchasing power (more or less) for at least the last several hundred years...and consider that NO form of paper "money" has done the same.
And if that don't do it for ya, I suggest buying a truckload of cheap cigarettes!<G>
Peace, and I'm OUT!
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