However, if people like you and I wish to store a portion of our wealth in physical Gold and others have their full faith in paper currencies such as the US dollar I say let them. If these people can’t see how the purchasing power of the US dollar has eroded by some 96% since 1913 well in my opinion they are probably more to be pitied rather than scorned.
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This debate seems to have now evolved to a portion of their wealth protection rather than gold=money and gold=ultimate store of wealth bantered around the place.
If you think gold offers some wealth protection, then it is the same argument as another investor investing in "blue chip" stocks for perceived faster ROI, property more stable LT growth and gold a more static wealth protection.
What is the base medium for measuring cap gain, returns etc?
gold, page-24298
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