Alex_G

Ignore the Hype - Gold as Currency is Dead

SW,

Then you were around for '29. Way to live so long. USA was an emerging market when we were on the gold standard.

Pro market doesn't mean you have to be reckless. Balanced mix of growth stocks (to be lightened at high valuations) and Muni's, never use leverage, and you'll be fine.

I've read a few of your other posts. Must be miserable to be that negative.

Ignore the Hype - Gold as Currency is Dead

Pro gold=pessimist

pro market=optimist

I know many wealthy people that are optimists, only a few that are pessimists, and they were optimists when they made their money.

Why Gold Will Rocket

Gold is a store of value, nothing more, nothing less. It is a hard asset when your currency is in trouble. Investments provide growth in the intrinsic asset, a growing business, dividends, interest payments, etc.

If you believe gold will go up from here absent an inflationary environment, you should sell your house, stocks, bonds, everything that an economic nuclear winter would touch, buy guns and ammo, and build a defensible fortification in the mountains, because life as you know it is coming to an end.