[Fyscat]

And here is my final thought, you keep saying "investment" as to where I stress "insurance". It is clearly a difference in logic at work here. And that sir, is extremly important to understand. I have gold holdings that I know will never go to zero. What do you hold in your paper assets that can claim the same?

[justshutupandtakeit]

Gold might never go to zero but if you take the current value and depreciate it by 1% per yr. how long does it take before its value is a penny an ounce? Today I can buy 3x as much of it as in 1980 with my dollars.

I have no argument about keeping it as a store of value though since in that regard it is fairly safe. If not totally. Hell those who are still holding confederate money have seen it return to value.