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Old 06-18-2010, 02:08 PM
benhogan's Avatar
CPA/Greasemonkey
 
Join Date: Aug 2009
Location: Chapel Hill
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What's the appeal of gold anyway?

http://finance.yahoo.com/news/Gold-Prices-Top-Record-Break-tsmf-1814135815.html;_ylt=Ap0eUi9AJYlhRUa2qRyAObm7YWsA;_ylu=X3oDMTE1czUyYnUxBHBvcwMyBHNlYwN0b3BTdG9yaWVzB HNsawNnb2xkc2hpbmVzd2k-?x=0&sec=topStories&pos=main&asset=&ccode=


Gold just sits there. It does not pay dividends. You can't eat it. You can wear it and look like Mr. T but other than that, what good is it?

Some will say it will be the only thing of value after the whole economic world crashes down. Really? Do you remember Hurricane Katrina? Your could not buy things with dollars (or gold) during that mess. You could however get something if you had a bottle of water or a gallon of gasoline. So much for gold holding it's value.

Sorry to rant but I just don't get it.
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