bcr

Gold and the Dollar: Value is in the Eye of the Beholder

I agree regarding inflation but disagree that gold will fully protect. Far better to hold a basket of commodities, including things you can eat, stay warm with, transport yourself with, etc. Gold has minimal intrinsic value to most people; like bonds/equities/etc, precious metals are basically just worth what Some Other Sucker will pay for them. Disclosure: Long GLD, SLV, USO, soon DBA