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<p>[QUOTE="Otter, post: 766469, member: 3464"]they love to talk about the 1980 boom...forgetting to mention that it was an artificial market because of the Hunt Brothers.</p><p><br /></p><p>Yes, no one should park all of their assets in any one asset class -- especially gold. Yes, you might lose money in Gold if the economy goes well and there is no inflation...which if you are diversified should help your equities.</p><p><br /></p><p>Yes, copper could be a better hedge -- as long as you don't want physical possession or own a large warehouse</p><p><br /></p><p>If you define wealth as more buying power, then I doubt anyone is going to get rich on gold (unless they are like Yankee and time it right)...hold enough to protect the other assets that actually earn money...gold is that 'neutral' asset more or less although it all depends on the trend an getting in our out at the right time.</p><p><br /></p><p>Know when you are getting in and when you are getting out....and do it![/QUOTE]</p><p><br /></p>
[QUOTE="Otter, post: 766469, member: 3464"]they love to talk about the 1980 boom...forgetting to mention that it was an artificial market because of the Hunt Brothers. Yes, no one should park all of their assets in any one asset class -- especially gold. Yes, you might lose money in Gold if the economy goes well and there is no inflation...which if you are diversified should help your equities. Yes, copper could be a better hedge -- as long as you don't want physical possession or own a large warehouse If you define wealth as more buying power, then I doubt anyone is going to get rich on gold (unless they are like Yankee and time it right)...hold enough to protect the other assets that actually earn money...gold is that 'neutral' asset more or less although it all depends on the trend an getting in our out at the right time. Know when you are getting in and when you are getting out....and do it![/QUOTE]
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