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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 457.82+1.3%Jan 23 4:00 PM EST
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To: Maurice Winn who wrote (93189)8/7/2012 10:02:10 AM
From: Follies7 Recommendations  Read Replies (2) of 219726
 
I think there is a difference between an investment and a store of value. You might invest in a cow which will produce milk and calves but you must feed it and care for it. You can't bury it in the ground for 1000 years and expect it to be worth anything. Same with QCOM , you can't stick your paper certificate in the vault for 1000 years and expect it to be worth anything.

Oil in the ground is a store of wealth, but it wasn't 200 years ago and may not be 200 years from now. But I suspect gold will be.
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