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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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To: TobagoJack who wrote (41150)10/12/2008 1:25:34 AM
From: Haim R. Branisteanu  Read Replies (2) of 217769
 
.... as a side remark or addition what is true is that gold can be a very reasonable alternative investment for those peasants in India or China or world wide who have no access to the world financial markets and are in most cases illiterate in financial dealings.

Gold even that is very shiny and fascinating for millennia to human kind is a poor investment vehicle.

Nothing wrong in owning gold if one so desires, but at least being able to enjoy its ownership – and not have it buried in some safe at some bank <GGGG>
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