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<p>[QUOTE="medoraman, post: 1443605, member: 26302"]Nice post. I agree if things get worst a lot of the baubles of life become unimportant. I think we saw that in the US in 2008-2010 where a lot of colelctibles dropped precipitously in value, especially items of special appeal to baby boomers, (near term antiques). When the stuff hits the fan, collectibles drop quickly. </p><p><br /></p><p>I also view the US right now in more of a retrenchment mode. It could last for a while, (already has 3 years now), and our corporations and governments simply need to rebuild balance sheets. </p><p><br /></p><p>Honestly I agree with you and Fatima about gold being a nice store of value and a legitimate asset diversification tool for many reasons, some of them if things go to heck and we experience a third world nation type of incident. For some reason Fatima and I, for the amount we agree on that fact, are oil and water it seems.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1443605, member: 26302"]Nice post. I agree if things get worst a lot of the baubles of life become unimportant. I think we saw that in the US in 2008-2010 where a lot of colelctibles dropped precipitously in value, especially items of special appeal to baby boomers, (near term antiques). When the stuff hits the fan, collectibles drop quickly. I also view the US right now in more of a retrenchment mode. It could last for a while, (already has 3 years now), and our corporations and governments simply need to rebuild balance sheets. Honestly I agree with you and Fatima about gold being a nice store of value and a legitimate asset diversification tool for many reasons, some of them if things go to heck and we experience a third world nation type of incident. For some reason Fatima and I, for the amount we agree on that fact, are oil and water it seems.[/QUOTE]
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