I just feel that in a world of competing currencies (dollar, euro, yen, yuan), the only thing countries WILL agree on is the certain value of gold.
The days of the dollar as the most sought currency are over. What exactly happens next is unknown. As such, I will be holding the gold I have, and purchasing little bits at a time as the prices fluctuate around the current ranges.
But I sense alot of hostility from people who do not own gold. Why?
There may have been alot of stocks that have done better over the last 30 years, but how many sons and daughters have opened their parents safe deposit boxes after they have passed and found worthless stock certificates?
But right beside that stock certificate was a few stacks of one ounce gold coins.
Gold may be many things, but worthless will never be among them.
What currency is more sought than the US dollar?
But I sense alot of hostility from people who do not own gold. Why?
I think it's because people who own gold, or claim they own gold, say silly things like, "Gold is a store of value".
Gold may be many things, but worthless will never be among them.
That's right, it makes pretty rings and the fillings work pretty good too.
But right beside that stock certificate was a few stacks of one ounce gold coins.
I'll take the Philip Morris certificate next to the gold coins.