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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Bobby Yellin who wrote (19322)9/19/1998 6:54:00 PM
From: Enigma  Read Replies (2) | Respond to of 116762
 
Gold - and its risk (I'll read your article and get back to you later). The point I made about gold was driven home to me years ago by a prominent money manager who was arguing in favour of diversification at all times. I was (surprise!) extolling the value of gold - he heard me out and said 'yes but what would happened if people owning gold were taken to the city square and strung up by the neck?' So often on this thread we talk about gold as a panacea for all ills - but as with all investments there are risks, and the primary risk with gold is that it is a threat, ultimately, to paper and the governments who issue it. E