bowman711

Weaker Expectations for Gold and Silver - TD Newcrest Analyst

Who cares what the PRICE of gold (or silver) is? What is important is the VALUE of gold relative to the rest of the economy. How much is gold down when compared to the stock market? The DOW & S&P-500 are down about 40% while gold is down 30%. How many companies will/are going bankrupt, leaving the stockholders with nothing? Every day we hear of familiar companies calling it quits. Gold can't go bankrupt, and has never been worth nothing. Which investor is in the safer position, the stockholder or the goldholder?