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<p>[QUOTE="InfleXion, post: 1332793, member: 29012"]This link goes over one of the biggest reasons, which is monetary debasement:</p><p><a href="http://etfdailynews.com/2011/09/09/marc-faber-says-gold-is-%E2%80%9Cdirt-cheap%E2%80%9D-the-price-could-reach-10000-per-ounce-gld-slv-dzz-gdx-gdxj/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://etfdailynews.com/2011/09/09/marc-faber-says-gold-is-%E2%80%9Cdirt-cheap%E2%80%9D-the-price-could-reach-10000-per-ounce-gld-slv-dzz-gdx-gdxj/" rel="nofollow">http://etfdailynews.com/2011/09/09/marc-faber-says-gold-is-“dirt-cheap”-the-price-could-reach-10000-per-ounce-gld-slv-dzz-gdx-gdxj/</a> </p><p><br /></p><p>The best reason IMO is that with both gold and silver you have something where the value is contained within the metal itself, not the promise of value by a government or a corporation in a piece of paper or electronic account where the value depends on public faith. Therefore nobody can steal it from you by any means other than taking it from your possession. This may be considered risky by some, but to me it is far less risky than giving your money to someone else and trusting that they are honorable, or putting your money into an investment vehicle that is only valid for as long as that entity is in existence.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1332793, member: 29012"]This link goes over one of the biggest reasons, which is monetary debasement: [url]http://etfdailynews.com/2011/09/09/marc-faber-says-gold-is-%E2%80%9Cdirt-cheap%E2%80%9D-the-price-could-reach-10000-per-ounce-gld-slv-dzz-gdx-gdxj/[/url] The best reason IMO is that with both gold and silver you have something where the value is contained within the metal itself, not the promise of value by a government or a corporation in a piece of paper or electronic account where the value depends on public faith. Therefore nobody can steal it from you by any means other than taking it from your possession. This may be considered risky by some, but to me it is far less risky than giving your money to someone else and trusting that they are honorable, or putting your money into an investment vehicle that is only valid for as long as that entity is in existence.[/QUOTE]
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