SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (93681)8/19/2012 12:11:29 PM
From: carranza22 Recommendations  Read Replies (2) | Respond to of 217739
 
Haim, you're forgetting the fact that gold is a consensus store of value, that national reserves are made up of bullion ( and therefore nations seek it) and that it is a status symbol when used in jewelry.

The consensus that gold is valuable is powerful, historically driven and unlikely to change in the foreseeable future.

Your logic is impeccable. The world's experience trumps it, however.