i know silence is golden but, page-10

Find8,

I know Prechter recommends people hold 'some' gold.

Many financial advisors say the same thing.

I can't really see the point in holding 'some' gold.

What would most people say is a suitable amount to hold in a balanced portfolio?

10%?

I doubt many gold bulls would hold such a small amount.

It wouldn't make sense.

What would holding 10% gold do if you are wiped out completely?

Is it just so that you end up with something?

I personally don't trade or invest that way.

I did qualify my earlier post by saying that if Prechter is right and we end up in a deflationary depression,gold would be very bullish.

I also said that I didn't know if I agreed with his most extreme views.

But in this day and age,I certainly wouldn't count it out.

What I have found over time is that the most extreme views (either way) rarely come to fruition.

But(and its a big but) we are living thru the most extraordianry times in literally 90 years.

Anything can happen.

My bearishness on gold stems from a firm belief that you gold bulls haven't been fully tested yet.