[Lazamataz]

Look, don't get me wrong, I like gold. I love gold. I will own a small stock of it. But it is not the place to put all your money, in my mind. The stock market ebbs and flows, but both it and undeveloped land near cities are the only truly consistent returns on investment. You need to be patient, of course. Day trading or real estate speculation takes more bodies than it delivers wealth.

[Torie]

You got it Laz. Gold is a cool diversifier in a portfolio because it has zero correlation with stock price movements. Too large a dose however is like drinking kool-aid at Jonestown. One needs to monitor the doseage carefully. Anything larger than 5% in a portfolio begins the slide towards toxicity.

[winodog]

When people talk about everything falling apart and guns and ammo will be worth more then gold.That may be true but one point is overlooked. Before we get to the point of shooting each other for a can pf beans, alot will happen.

I have some gold, as much for security as anything else. America is going to have some rough economic times ahead. Before things get real bad those of us with gold will be able to get lots of food and ammo for our gold. I think that is a point many in the gold will be worthless when TSHF crowd forget.

[TBall]

Just recently been taking positions in mining companies.
I see this a good time to purchase more.

[shirleyvalentine]

Around two years ago I considered moving all of my investments in stocks to gold. Now two years later my investment in stocks is down by several hundred thousand dollars. I'm not crying about it but I certainly would be better off today if I had gone to gold.

No, I would not put my money in gold today. Right now I am still hoping for a big stock market recovery. That may take several years.