As Bond Prices Sink, Hold on to Gold [View article]
I am with you on the possibility of a systemic failure, which can certainly lead to horrors untold. What I don't see is how "a diversified portfolio of precious metal assets will make a fortune."
A fortune of worthless dollars is a non-issue. I want an investment that will buy me more of the stuff I want tomorrow than I could buy with it today. Could you please explain how a precious metals portfolio is going to do that?
Also, should this be a physical metals portfolio or a portfolio of paper assets? If physical, where should I store this metal safely? If paper, how do I guarantee that I can redeem it?
As Bond Prices Sink, Hold on to Gold [View article]
A fortune of worthless dollars is a non-issue. I want an investment that will buy me more of the stuff I want tomorrow than I could buy with it today. Could you please explain how a precious metals portfolio is going to do that?
Also, should this be a physical metals portfolio or a portfolio of paper assets? If physical, where should I store this metal safely? If paper, how do I guarantee that I can redeem it?