The days of the dollar as the most sought currency are over.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.
I think it's because people who own gold, or claim they own gold, say silly things like, "Gold is a store of value". I keep an ounce at work to show to silly people who believe that paper can hold its value. Over the very long run, gold will always hold value and paper will always become worthless. There are no exceptions.
Yeah, well how about Braniff stock? Or Eastern Airlines? Or Enron stock?
It is so easy for you guys to pick in hindsight stocks that have done well.
If someone had stock in the above mentioned companies, how much are ANY of them worth now? But the gold would still have value.
If you guys do not like gold as an investment, do not buy it. If you do, buy it.
This thread is not anything but a pissing contest between those who enjoy owning gold and those who do not. Unbelievable. Can a reasonable discussion be had here anymore?