Wow! I'm just going through old posts looking for something and I found this one. I wonder if you still believe this!
(I'm not a big fan of all the gold selling ads, but recently I heard one that started this way: "Hey you, you with the investment adviser. Did the guy ever once mention gold to you? It's been going up year after year, probably a lot more than the stuff your guy has been recommending. ..." I thought it was funny in a macabre sort of way.)
ML/NJ
Yep, I still believe it.
If the yellow metal has so much value, and the green pieces of paper are worthless, then why in the world would you be so generous as to trade your valuable yellow metal for my worthless green paper?