Walk the gold trails of my good friend, do I. On my feet are "strong sole" of thick leather, purchased with much knowledge of physical gold. These shoes not go bare before our journey is done. On trail I see your "thin sole" investments cast aside and scavenged by beasts."
...what? I think you're trying to say that a single investment is stronger than many weak investments, which isn't always true. Diversification is often better for your investments, in case one flops the rest might stay afloat and keep your head above water.
Well, it really depends on your motivations for investment. If your primary concern is the collapse of the monetary system, or hyper-inflation, then investing in gold and silver will beat diversification every time. There are countless people who saw their 401K investments cut in half or less in the past couple of years who will say that diversification didn't work out too well for them. If they had just put that money into gold or silver, they'd be sitting nice now.
I agree with the above poster. It seems like the dollar has been very unstable recently and it is best to sit on gold, silver, or other stable items. I, personally, have diverted a lot of my wealth into gold as I feel it will be a lot more reliable with the current economic turmoil and the devaluing of the dollar. Until the dollar stabilizes, I will prefer gold.
I believe in diversification of my investments. I never invest in a single place, but in different places with each of lesser value though.
