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<p>[QUOTE=&quot;medoraman, post: 3936250, member: 26302&quot;]I agree with one point here, the original article simply cherry picked their starting date. This is VERY prevalent in financial literature. The first question anyone should have regarding any financial chart is why did the author use that date range?</p><p><br /></p><p>About stocks being able to go to zero, that is a red herring argument. Is someone invests in the S&amp;P 500 index fund, if one stock drops it is replaced with another. The total fund is as likely to go to zero as gold is. It will not happen. Any Sears or ToysRUs will be a tiny percentage in the portfolio, and is already factored in historical returns. Only by owning one individual stock are you taking that risk, (a foolish one I agree). </p><p><br /></p><p>PM has a small place in a portfolio, but never a total portfolio. I own stocks, I own pm, I own land, etc. Diversification is not to be right, but to never be 100% wrong.[/QUOTE]</p><p><br /></p>

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