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redheadedleague

Easton, PA

Member Since 2003

Followers 102 Following 139

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Monday Oct 06, 2008

Oct 6, 2008
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You know, I used to laugh at those cheesy commercials advising people to buy gold to hedge against bad times. They looksed so stodgy and old and well, the ads were sort of cheap and threadbare. The whole thing supported my conventional assumptions - that precious metals are an archaic form of wealth, better used in jewelry or electronics than sitting in ingots in your safe deposit box.

But I inherited one gold coin, and held onto it because what the hell, it's kind of neat having a big hunk of gold. Now that little gold coin has doubled in value, while all those sophisticated 21st century investments have gone "poof!"

Interesting times, folks. Interesting times.
VIEW 5 of 5 COMMENTS
obd:
but what does the market say about knowledge?

Oct 7, 2008
ceci:
hi miao!!
Oct 9, 2008

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