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<p>[QUOTE=&quot;Cloudsweeper99, post: 113270, member: 3011&quot;]If you look around the internet, you can find a lot of folks writing US dollar doomsday articles.&nbsp; If you believe them, the dollar will self-destruct any day now.&nbsp; If you look at the archives of what they wrote five years ago, their message was the same.&nbsp; I think the reality is that the US dollar is managed just about like every other fiat currency in history, and will gradually lose value.&nbsp; Nobody can really protect themselves from doomsday if it happens.&nbsp; You can waste your life and your money trying.&nbsp; That said, the old advice to keep 5-10% of your assets in silver and/or gold is probably sound.&nbsp; There are numerous studies that demonstrate that long term investing in commodities of almost any type with periodic rebalancing both reduces the volitility and increases the return of almost any investment portfolio.&nbsp; </p><p><br /></p><p>Gold is one of the only assets you can buy now for the same price it sold for in the 1970s.&nbsp; It is difficult to think of any other asset class that meets this test and is suitable for investment.&nbsp; Some people think this is proof gold is undervalued, others think it is proof that gold will never rise.&nbsp; Take your pick. </p><p><br /></p><p>I think gold and gold coins have one of the most OBJECTIVE prices in the world -- set by a free market on a daily basis.&nbsp; That&#039;s about as objective as anything can get in this world.&nbsp; Objective doesn&#039;t mean fixed.&nbsp; If the price of something is fixed, then someone subjectively set it at that level, like US interest rates. </p><p><br /></p><p>So buy a few gold coins because they are beautiful, historic, liquid, permanent and probably undervalued wealth.[/QUOTE]</p><p><br /></p>

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