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<p>[QUOTE=&quot;InfleXion, post: 1281370, member: 29012&quot;]Wow, it sure is thick in here. Gold is a bad investment? Stock advice being given based on sentiment? Peaceful protestors being maced, beaten, and illegally detained are communists? Queue the Twilight Zone music, or Dr. Who. They&#039;re both catchy.&nbsp; </p><p><br /></p><p>If you believe that the bank failures and soveriegn debt in Europe aren&#039;t going to impact things in the US, then by all means put your wealth into IOU&#039;s. I am forced to keep some of mine in IOU form since I am not comfortable taking a loan out against my 401K. Of that I am doing Tocqueville Gold since it has physical gold in its portfolio, as well as a small hedge with a bear position on emerging markets which is also long USD. If I could move this into physical I would do so. If you don&#039;t have it in your possession, you don&#039;t own it as far as I&#039;m concerned. </p><p><br /></p><p>Sure, JPM beat expectations recently, but this was only because by the rules of the game they are allowed to claim profits when outstanding debt decreases even though they are not the same. The SLV and GLD are not held accountable to the SEC or the CFTC, nor are they held accountable to have what they say they have. Why anybody would think investing in a circus such as this is a good idea is beyond me.[/QUOTE]</p><p><br /></p>

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