Quote:
Originally Posted by red-beard
It depends on what you're protecting against.
If it is simply inflation, GLD will work. If it is a global meltdown, physical gold is better.
Just remember, you can't eat gold...
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Since the DAWN of commerce GOLD has been the UNIVERSAL medium of exchange..IS ANYTHING DIFFERENT NOW? Buy the physical asset, the one you can bury in the back yard.
Let me take a moment to RANT here...Exactly WHAT IS DIFFERENT ABOUT THIS TIME IN HISTORY THAT MAKES ANY ONE THINK THAT IT IS DIFFERENT THIS TIME> THAT YOU CAN NOT EAT GOLD, THERFORE IT IS NO GOOD AS A MEDIUM OF EXCHANGE. Gold over mans history along with Silver has been a PORTABLE means of exchanging value. IT IS ABSOLUTLEY
STUPID TO THINK OTHERWISE.
In all actuality it is the powers that be that want the public in general to THINK that the PAPER currency is the only viable means of exchanging wealth. They promote it...and the gullibel have bought it hook line and sinker...welcome to digging in the garbage pail for your next meal. Thank You this message was brought to you by TABS
C