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Senior Member
Join Date: Jun 2000
Location: N. Phoenix AZ USA
Posts: 28,977
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If the economy and world goes in the crapper, or we have a nuke war, paper money will be worthless in many cases. Thats where gold comes in.
Many of us have stocks of some precious metals or jewels stashed away but unless you are someone like "SloPat" hunkered down in a bunker somewhere do you really have enough to survive for long at home.
Had someone put a fair amount of money into gold 3-5 years ago it would have done well, but then the markets have also done well in this time. Personally my gut does not say that we are anywhere near needing to convert to gold anytime soon.
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2021 Subaru Legacy, 2002 Dodge Ram 2500 Cummins (the workhorse), 1992 Jaguar XJ S-3 V-12 VDP (one of only 100 examples made), 1969 Jaguar XJ (been in the family since new), 1985 911 Targa backdated to 1973 RS specs with a 3.6 shoehorned in the back, 1959 Austin Healey Sprite (former SCCA H-Prod), 1995 BMW R1100RSL, 1971 & '72 BMW R75/5 "Toaster," Ural Tourist w/sidecar, 1949 Aeronca Sedan / QB
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