[Semaphore Heathcliffe]

I've been riding this thing for a year now, trying-trying-trying to get relatives and close friends to jump on while it's still a minor business news story. No takers. Everyone is content to watch their freaking net worth grind southward, "because my financial advisor says he's seen this before and the market will come back soon."

[Cicero]

Well, in that case you got in at the bottom. But prices of most stocks are still very reasonable, and I think a year or two from now they will look very reasonable indeed.

If the world comes to an end, then you may want to own gold bars or coins buried in your back yard. But short of that, gold stocks are the sensible way to go--or options, if you know how to play risky games. If you use a good discount broker like Charles Schwab, stocks are much more liquid than physical gold, easier to get in and out of at small commissions.

[jwh_Denver]

Everyone is content to watch their freaking net worth grind southward, "because my financial advisor says he's seen this before and the market will come back soon."

There is a good flip side to this. When all the financial advisors start telling their clients to buy we will have a signal to seriously considering selling part of our holdings. As one poster on Gold-Eagle said "I'll know when to sell when CNBC says to buy!" Haha!