Nonetheless, it's hard to argue against the fact that gold will hold its value, while paper may not. And that gold has an inverse relationship with the dollar; as the dollar is low, gold remains high.
As the dollar bounces back, gold will subside. If the dollar crashes, which I doubt, gold will be king, as well as coffee, real estate, or any other barter commodity.
posted on 12/11/2004 12:59:14 AM PST
Gold hasn't held its value;historically, it's bounced all over the place and has,at one time,even been valued at one set,immovable price by our government.
It isn't a bad choice to have,as part,PART,of one's portfolio,but it shouldn't be the only part,nor even the majority.
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