Quote:
Originally Posted by TMAllison
Mining companies are also valued on their reserves or lack thereof in addition to fluctuations of the commodity itself. GLD doesnt suffer strikes, cave-ins or deaths.
Merits of the investment aside, if seriously wanting to own gold I'd go the ETF route and let someone else store and insure it. It can also be bought or sold with the click of a button.
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Yes but in a doomsday scenario, will you be able to get at your gold? What do you mean the bank has been taken over by Radicals!!!
If you are going to hoard gold, keep it close and the shotgun closer
Personally I agree that it is too late for gold unless things really hit the fan.
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