There are a couple things to think about:
1) The world still operates on the dollar standard - this probably won't change in the near future (unless something drastic happens like China suddenly dumping all their dollars for euros).
2) If you invest in gold and do not actually have it in your hot little hands, it is out of your hands - ie, you are dependent on a corporation that could go down like Enron and Bear Stearns.
3)If you have gold in one hand - it would be prudent to have a .357 mag in the other.
4)diversify
__________________
Imagine a world without hyptotheticals....
|