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Gold/Mining/Energy : Gold Price Monitor
GDXJ 142.13+5.5%4:00 PM EST
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To: Richard Mazzarella who wrote (11108)5/3/1998 3:22:00 AM
From: PaulM  Read Replies (1) of 116898
 
"IMO owning metals doesn't make much sense"

Re: the doomsday scenario, guns and canned food and all, remember that civilized, progressing people traded for millenia before stocks and fiat currency existed.

And the advantages of saving, storing wealth in some liquid form, doesn't disappear when confidence in paper does.

IMO everyone should hold some gold for many of the same reasons people hold cash, and few others to boot.
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