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
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.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson