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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (28983)	2/1/2008 12:16:16 PM
From: jrhana	Respond to of 218131

I don't think a complete financial collapse is coming either. Somehow we always seem to muddle through. Personally I don't see it as gold versus GOOG. It makes sense to have a little of both in a LT portfolio. You and Jay should start a TV show a point-counterpoint type. I bet you would make a lot of money. It definitely would be entertaining.

To: Ilaine who wrote (28983)	2/1/2008 12:18:57 PM
From: oldirtybastard	Respond to of 218131

What hasn't collapsed vs. gold since 2001? Sure you could have bought 1/4 oz of gold with a share of GOOG if you bought it at the bottom in 2004, now you can buy a little over 1/2 oz of gold with your share of GOOG, but GOOG is paper that I assume you would not be funding the reserves of your own personal central bank with? You're looking at a 3 year window on an arbitrary stock vs. 6000 years of history as legal tender currency, a streak unmatched by any other medium of exchange, none have been even close, besides sex.