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Message:: [QUOTE="-jeffB, post: 2437088, member: 27832"]90% gold, not 96%. Each contains .9675 troy ounce of gold. There are some scenarios in which it's great to be holding gold. There are others where it's terrible. We're actually in one of the latter now, if you "backed up the truck" when gold was "on the first leg" of its "parabolic climb" through $1600, $1700, $1800, even $1900/ozt. Sure, there's a good chance it'll go back up, eventually -- but there's also a good chance it'll go down further still. Holding gold is a double gamble; you're gambling on what its price will do in the future, and you're gambling on when you might need to convert it back to dollars (or whatever). And for those who discount this, saying "gold is the true measure of value", "gold is the only real money", etc. -- well, I don't see many grocers or realtors or doctors who agree with you.[/QUOTE]