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<p>[QUOTE=&quot;mikem2000, post: 1854690, member: 30574&quot;]First thing, For Gold to hit $10,000 by the end of the decade, things would need to get real bad, real fast.&nbsp; Also, as you haved eluded to, you probably don&#039;t want to live in that world anyway.&nbsp; The good news is, chances are very slim that will happen.&nbsp; Now I know things are a bit different globally now, but remember, as far as US debt goes, we have about the same amount of debt as right after WWII (when measured as a percentage of GDP)&nbsp; That was over 60 years ago, and the dollar has not collapsed yet.&nbsp;&nbsp; A monetary reset is far from inevitable and even if you are right you could have the timing all wrong as it might come 70 years in the future.&nbsp; These are not odds I am comfortable with.&nbsp; </p><p><br /></p><p>Now the second thing and you will need to trust me on this one.&nbsp; The more convention investors do not get their feathers ruffled by the fear mongerers because they (we) are afraid of our stocks losing value.&nbsp; You could not be more wrong.&nbsp; We have been doing this a long time, we know the risks, we are diversified, let the chips fall where they may.&nbsp; The reason is purely ethics.&nbsp; It is my belief (and others) that the fear mongering is an unethical attempt at selling bullion, period.&nbsp; Many folks I know, have been suckered in, cashed out their 401k&#039;s bought into the bullion craze, and proceeded to lose 60% of their net worth.&nbsp; I even know two folks who got divorced over it.&nbsp; Think about it a second.&nbsp; The folks that the stacker community idolize like Jim Willie and Eric Sprott, well they got richer, while their followers got poorer.&nbsp; How did this happen.&nbsp; Well simple, they got rich by SELLING bullion, not by BUYING it, and this just plain ticks me off as they go running around telling everyone the sky is falling.&nbsp; Just don&#039;t sound right to me.</p><p><br /></p><p>Mike[/QUOTE]</p><p><br /></p>

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