Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: hubbubhubbub
Gold is not held for returns, it's for protecting what you have.

Except over the long term, you always lose money in gold.

It's insurance against currency debasement by disreputable governments like the U.S. since FDR.

Stocks are better insurance in an inflationary climate, plus they actually yield returns.

16 posted on 12/07/2005 11:12:52 AM PST by Alter Kaker (Whatever tears one may shed, in the end one always blows one’s nose.-Heine)
[ Post Reply | Private Reply | To 13 | View Replies ]


To: Alter Kaker

"over the long term, you always lose money in gold"

Please explain exalted wise one.


19 posted on 12/07/2005 11:22:34 AM PST by hubbubhubbub
[ Post Reply | Private Reply | To 16 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson