Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Mike Johnston who wrote (76647)	3/21/2008 6:31:25 PM
From: blazenzim	Read Replies (2) of 116555

Gold performed beautifully as a store of value as it went from $850 to $250 over 20+ years. Gold is not a medium of exchange anywhere in the world. I own gold and wish it were money. Despite my wishes, it is not money. There are times to own gold and there are times to sell gold. Last Monday was a great time to sell gold.

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