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Strategies & Market Trends : Ride the Tiger with CD

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To: Lhn5 who wrote (55881)6/27/2006 10:25:01 AM
From: Claude Cormier  Read Replies (1) of 312358
 
- But if you are hungry, choose gold or bread?

If there is enough bread that can be cook somewhere, gold will always buy it. Bread rottens over time.

- The value of gold is as much a leap of faith as the dollar is.

I disagree. Gold is the only store of value in which faith has been maintained for milleniums. The faith in fiat currencies gradually fade and eventually disapear completely.
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