[DebtAndDelusion]

Thanks for the tip. This cyber age and Internet posting all a bit new to this old timer. A lot of etiquette to acquire.

For the Blood gentleman, heck no I'm not selling gold. Gotta save that for the day the dollar goes into the tank in a big way. This run-up is disturbing because the ounce of gold I could buy for 460 a few months ago costs a lot more today.

Don't know your age or your situation and frankly it's none of my business. But a lot of older folks, retired and on a pension, live on a fixed amount of dollars each month.

When the value of those dollars fall it hurts.

Thank you again Iris, I can see this Internet is going to be a lot of fun.

HG

[Alter Kaker]

But a lot of older folks, retired and on a pension, live on a fixed amount of dollars each month. When the value of those dollars fall it hurts.

Maybe if they're in a bank account, but not if they're invested in securities -- stocks are inherently inflation resistant. Moreover, if you're on a fixed income, by definition you need an income -- something securities can provide. Gold has zero yield.

[GLDNGUN]

Don't worry about anti-gold posters. They are simply bitter that they didn't buy in 1999. And, boy, do they hate to be reminded of the price of gold now. ;-)

[Labyrinthos]

This run-up is disturbing because the ounce of gold I could buy for 460 a few months ago costs a lot more today.

And the really disturbing part is that you could have brought that ounce back in 1981 for $891.

[Labyrinthos]

This run-up is disturbing because the ounce of gold I could buy for 460 a few months ago costs a lot more today.

And the really disturbing part is that you could have brought that ounce back in 1981 for $891.