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To: Perdogg

I’m going to guess that the only way to position oneself during this collapse is to buy gold, silver, and other metals.

Just guessing based on the source of the article’s site.


5 posted on 09/19/2008 4:02:39 PM PDT by perez24 (Dirty deeds, done dirt cheap.)
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To: perez24
But so you have gold? No goldbug has EVER answered this---you have $100,000 worth of gold, the market collapses, and you sell because prices are sooooooo high. Now what?

The great unanswered question about gold is, "What next?" Once you have sold your gold at incredibly high prices, you have nothing else to invest in, because to buy more gold costs even MORE money. And you can't eat gold. And it costs you money to just sit on gold, because it doesn't create any wealth through investment on its own.

27 posted on 09/19/2008 5:01:27 PM PDT by LS ("Castles made of sand, fall in the sea . . . eventually." (Hendrix))
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