David, I do not know anything, and fear many items.
I am guessing that Iran will be tee-ed up as was Iraq; and
I feel the USD ought to fall.
Given that I do not know anything, I must then veer toward the traditional, tried and true, and derive solace from the ancients’ wisdoms and keep it simple
Message 22318620
I simply do not know.
I am cognizant that a financial accident will punish just about all assets except cash. However, if I were to (i) treat gold as cash, and (ii) set gold as my base currency in MS Money program, then I would say I do not have enough base currency, and neither does the rest of the world.
Given that I hold both physical and paper gold, my experience has been it is extremely difficult to hold on to one's paper gold when it can be traded via a few keystrokes. Like just now, I thought again about trading out of the paper gold I purchased just a while ago, and claim some spending money, even though, looking back, each sale of paper gold had turned out to be a mistake, in the big picture.
Agonizing,
J |
