Re:The Next Bubble - Don't Get Fooled Again
by yaakov34 on Wednesday June 15, 2011 @01:55PM
(#2658252)
By the way, I've always wanted to ask someone who buys gold/silver as a hedge against economic collapse - are you physically holding it in your house, or what? If your gold is just 1s and 0s in some database which say that you own some gold, why do you think you will be able to get it after the "Big One"? Your bank or brokerage may have to give it to some creditor who is in line before you. And there are precedents for the government just confiscating it, or forcing you to "sell" it at the price they set. So what's the plan?
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Re:The Next Bubble - Don't Get Fooled Again
by carsongross on Friday June 17, 2011 @12:43PM
(#2666172)
We've established that you think I'm crazy. Granting that, how do you think I would answer your questions?