[LS]

Ok, that's fine. So you are agreeing with me that it is not a traditional "investment," in which an asset actually increases OTHER value, but a speculation, no different than real estate, bonds, or stocks. You could accomplish the same thing by clever short selling in the stock market.

So I'm still looking for a reason to actually hold gold as an investment---not a speculation.

[ovrtaxt]

Well, you’re talking to a Forex guy, so I’m into speculation. Any way you want to look at it, you can make money.

Paulsen has chosen to go the hyperinflation route, so an ounce of silver is going to be worth a whole lot of dollars. It’s only a matter of time, and that’s the only factor in the speculation- WHEN is the payoff going to come.