fireball

UBS Analyst Raises Gold Stocks' Price Targets on Higher Gold Price Forecasts

when i was a younger man gold was much cheaper as was silver. every one said buy stock so i kept buying physical gold and silver. i got most of my gold between 260 and 300 per ounce and most of my silver between 4 and 6. everyone said it is illiquid. i just kept socking it away in a safety deposit box which i had to have anyway for deeds and such. i kept answering it is insurance not an investment. i see nothing wrong with gold or silver stocks or mining stocks but if things come unraveled they will be about as useful as the other pieces of paper we use for exchange. i hope i never need my insurance. it would be a bleak situation to cause me to use it? so is it crazy to want a stable metal backed currency. my faith in government was gone decades ago and i sense that the productive u.s. citizens are coming to this more every day. a sound currency is one of the few legitamate functions of the federalis.