Tom Bombadil

Countdown of Manipulated Gold Price Running Out

I bought some gold recently as part of setting up a Harry Browne-style "permanent portfolio", which includes it as an inflation hedge. The hardest part about it was getting past the fact that 99% of gold advocates I run across are such nutters, and I didn't want to be anything like them. I actually hope it goes down because it would mean the monetary policy hasn't gotten out of control, and presumably my other investments would then be doing well and offsetting the loss. Also it will lead to more hilariously stupid conspiracy theories, and who doesn't enjoy that?