blacksilver

Gold: Despite Recent Rise, It's Still Under Water

Well when the market went to 250. they should of tried some "dollar cost averaging"
one ounce of gold at 850.
one ounce of gold at 250.
$1100.
devided by two is 550. a 100% on your money

Gold, Silver and Deflation

hc
Good points but no one said to put all your money into gold,but it still can't hurt to have some.As far as your 1-2-3
1-You don't have to leave your gold sitting out on the coffee table,hide it.You could put 50 oz in your atic rafters under the insulation,in your basement were a burgler won't find it.there are a lot of place's to stash it.A burgler is a burgler he will take what ever he can get money for.That does not mean you should have a empty house because someone mite take it.
2-Goverment confiscation That might have worked back in the 30s.Do you think people would line up to turn it in today?The goverment can"t even stop the drug trade,billions of dollars traded in untaxed dollars every year.
3-If things are that bad that red target on your back will be for anything you have,a can of soup or beans.Maybe even that warm coat with that target painted on it.
All in all it is just a commitity that will go up and down with time.