Ophir,
Not much proof there, lots of companies went bust in the GFC just like lots of overstretched individual punters. Lousy management, too much debt, buying assets that were virtually worthless, too much optimism, thinking the good times would never end just like 1987.
Gold's just another commodity, like lead, platinum, eggs, milk and orange juice.
Silver's a real loser, down 13% in the last year.
Beef's gone up just as much as gold in the last year and if I compensate for the weight my heifers have put on they've doubled in value over 1 year.
I paid $400 for them last year, now worth probably $900.
Leaves gold in the dust.
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