Burticus

Looking Toward 2009

The author's quip to his friend about his gold, "It is still there," is indeed the correct response. Hopefully, this unbeliever's "flight to safety" includes plenty of long-term Treasuries yielding 2% interest, so he can learn first-hand the concepts of counter-party default and interest rate risk.

I watch the various financial markets fluctuating wildly, sometimes on a daily basis. But, whenever I peek into my gun safe, my bullion is still there and looks exactly the same.

Consensus Gold Estimates

Thanks for the advice. I will short Bloomberg and buy all of these analysts' gold.