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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: PaperPerson who wrote (52674)2/4/2006 11:02:35 PM
From: shades  Respond to of 110194
 
In my view, this is analagous to walking into a coin shop, buying a one-ounce Maple Leaf, and then expecting it to gradually evaporate over the years you kept it in your safety deposit vault. The thing I value gold for is that it KEEPS its value. It doesn't shrink. If I want shrinkage, I'll just keep dollars!

If I was that worried enough that I felt the need to allocate a lot of wealth into gold, I would definitely buy the REAL metal like General Chen is doing and not some pieces of paper representing it - that is just more fun at the wall street casino selling you chips for your real wealth - also I would probably buy high value collector coins that had antique value beyond just the bullion and I may even buy 9K gold since according to US law that is not considered REAL GOLD - hehe.