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To: justshutupandtakeit
Gold, at this point, will never be used as a standard again for the U.S. for many different reasons. But to say one shouldn't have a little bit for insurence purposes isn't sound advice. If we go into a depressionary cycle, wouldn't you want something to fall back onto?
157 posted on 07/24/2002 2:22:45 PM PDT by Fyscat
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To: Fyscat
Investments should be diverse but I see little value in holding gold. Those buying it in 1980 for investment would have seen 2/3s of their saving disappear.
173 posted on 07/24/2002 3:10:18 PM PDT by justshutupandtakeit
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