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<p>[QUOTE=&quot;Blaubart, post: 2109841, member: 37498&quot;]OK, and who was able to do that 200 years ago?&nbsp; Perhaps .01% of the population.</p><p><br /></p><p>What would have been the expenses associated with doing so?&nbsp; Keep in mind that buying stock in a company in 1815 pretty much meant travelling to the company headquarters and buying stock in person.</p><p><br /></p><p>Who was able to own gold?&nbsp; Perhaps 99.99% of the population and it wasn&#039;t an ordeal to obtain.</p><p><br /></p><p><br /></p><p>Not at all.&nbsp; I&#039;m simply being realistic in that there is a decent possibility that the US will suffer some sort of major economic collapse or go bankrupt sometime in my lifetime, or perhaps my childrens&#039;.&nbsp; I do not believe the odds are &quot;infinitesimally small&quot;.&nbsp; If no such event happens, that&#039;s great!&nbsp; The only money I might &quot;lose&quot; are the investment returns I could realize by investing that money elsewhere.&nbsp; It&#039;s not quite like buying asteroid insurance.</p><p><br /></p><p><br /></p><p>Why are you going off the deep end on me?&nbsp; Is Greece a &quot;totalitarian, non-democratic regime&quot;?</p><p><br /></p><p>Looking at recent events, it isn&#039;t too much of a stretch to say there are similarities between 21st century US and Nazi Germany or Tojo&#039;s Japan.&nbsp; However, going into the details isn&#039;t a good way to keep this thread open.</p><p><br /></p><p>In the end, I think that we can agree on the fact that stocks have been the best investment vehicle for capital growth in the US in any long term period.&nbsp; I just disagree with the author of the book on the extent of the gap between gold and stocks, and how he reached his numbers.&nbsp; I also disagree with most if not all of the reasons the author of the article gives for not owning gold.[/QUOTE]</p><p><br /></p>

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