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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: craig crawford who wrote (16879)8/27/2001 6:07:45 PM
From: Terry Whitman  Read Replies (1) | Respond to of 52237
 
Gold does well when fiat money falters. It is the only form of money that is accepted anywhere and any time. In uncertain times, it acts as insurance. Insurance against fiat money disasters like inflations or depressions.

I prefer the stocks to the metal also. You don't have to store it or insure it and you get greater leverage. And man that stuff is heavy. <g>

If you expect fiat money will sail smoothly for the forseeable future, then gold is not where you want to be. I don't see that happening, BWDIK.