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<p>[QUOTE=&quot;Cloudsweeper99, post: 373759, member: 3011&quot;]A couple of comments...</p><p><br /></p><p>To krav83, I like gold a lot, but it isn&#039;t money -- although some goldbug sites like to say so.&nbsp; To be money, something has to act as a medium of exchange [gold isn&#039;t], a measure or standard of value [gold isn&#039;t], and a store of value [gold is pretty good here].&nbsp; So until you can go to the supermarket, see food priced in grams of gold, and pay in gold, it isn&#039;t money.</p><p><br /></p><p>To ctrl, when you measure anything from the peak historical price, the same argument can be made.&nbsp; A diversified stock portfolio has lost money when measured from the peak too.&nbsp; Same with real estate.&nbsp;&nbsp; If you measure gold from the 1980 peak, it looks bad.&nbsp; If you measure it from the price a few years before or after, it looks more acceptable.&nbsp; Also keep in mind that gold should not be compared to business investments.&nbsp; It should be measured against currencies.&nbsp; Which has more buying power -- an ounce of gold purchased 5 years ago, or the equivalent number of dollars?&nbsp; No contest.&nbsp; The Dow Jones Industrial Average was 1000 in 1965 and under 900 in 1982 not even counting the effect of inflation.&nbsp; Not too good for those holding a portfolio of diversified investments.&nbsp; It all depends on your start and end point in time.[/QUOTE]</p><p><br /></p>

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