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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 414.48+0.7%Jan 9 4:00 PM EST

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To: TobagoJack who wrote (76293)7/13/2011 1:48:09 AM
From: studdog2 Recommendations  Read Replies (2) of 219207
 
TJ
----gold helps the righteous----
Like most everyone here, I have been struggling to decide what to do with my hard earned do-re-mi. There aren't many strategies I can be confident in right now,but one strategy I can believe in is the elimination of personal debt. I feel so good about this strategy that I have been wracking my brain to come up with the logical extension of this concept once zero debt has been achieved. So I ask myself, if I am completely out of debt, which I am, what can I do to go further down that road? if debt is to be shunned, what is the next step once you are debt free?
At first I think maybe the natural next step is to be a lender but I come to my senses and realize that being a lender is still playing in the debt sandbox and that sandbox is full of catshit. I think and think and think and then I remember " Getgold". it comes to me that "mineralizing wealth" is the next step in debt repudiation. It is the road to travel once Debt Free City has been reached.
Nine years ago I just had a feeling gold was a good investment. I couldn't really articulate why, just that most everything else looked sketchy and your arguments on SI were pretty compelling. So, I gotgold. I stopped accumulating a while ago because with the appreciation, I had what i thought was a reasonable allocation. However, now that I have come to appreciate ""Getgold" from my own logical perpective, I believe I will "Getmore".
Studdog
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