I wouldn't ask you for personal information, but here's something you and the gung-ho goldbugs can really get their teeth into.
What a great long-term investment gold is.
How many dramas has the world been through since 1801 and the present value of $1 invested in 1801 would have lost you 22 cents.
"To take an extreme example [of price volatility], while dollar invested in bonds in 1801 would be worth nearly a thousand dollars by 1998, a dollar invested in stocks that same year would be worth more than half a million dollars. All this is in real terms, taking inflation into account. Meanwhile, a dollar invested in gold in 1801 would by 1998 be worth just 78 cents."
