Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: KatayamaGorobei who wrote (85338)	2/8/2009 2:26:14 AM
From: Skeeter Bug	Read Replies (2) of 94695

>>You're right. In and of itself it's not good for much, but it looks pretty. <g><< that's not true. gold has held serious value for thousands of years. look, it is 2008 and you can get almost $1000 for a one ounce coin. not hypothetically, you can actually get serious cash for your gold. in 2008. i'd say that's good for something. german's in 1919-1923 who held gold instead of marks were happy they did. very happy. folks in zimbabwe who held gold were happy they did. their 1 oz of gold is worth more than $100 trillion zimbabwe dollars! anyway, i don't own much gold, but if i had lived through germany's hyper-inflation and i had lived through zimbabwe's dollar collapse, i think i could see the argument for holding gold.

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