Message:

<p>[QUOTE=&quot;fatima, post: 1333313, member: 22143&quot;]This only proves the &quot;Shoot at a target enough times and you are bound to hit something.&quot; theory.&nbsp; It&#039;s hardly investment advice.&nbsp;&nbsp; Unlike these, which I don&#039;t even remember, you went into a multiple post defense of why your analysis of BAC was a good stock including your absolute insistence that had &quot;strong financials&quot;.&nbsp; Yet despite this talk BAC experienced a rather stunning 35% loss immediately after you said that.&nbsp;&nbsp; It would be even worse for them if it had not been for intervention last week.&nbsp; Their stock slid below $5.00.</p><p><br /></p><p>It continues to prove my point that investment in PMs has a completely different risk potential than that of equities or for that matter any paper investment these days.&nbsp;&nbsp; The risk of paper has been greatly magnified or is even indeterminate now, due to the lack of enforcement of even basic laws that regulate the finance industry.&nbsp;&nbsp; It&#039;s been 3 months since the debacle at MF Global and yet not one person has been charged with a crime.&nbsp; Anyone investing in paper, is delusional if they ignore this moral hazard when approaching paper investments.&nbsp;&nbsp; The example above of BAC is clear enough of how one can be duped when they do. </p><p><br /></p><p>So to answer the OP, this is an example (of many) of why one holds gold.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in