Quote:
Originally Posted by OMG!WTF!
5% of your bug out kit maybe. I'm not sure what it's insuring these days.
|
Lol...yeah not really a doomsdayer. But nothing else holds/preserves wealth like gold. Nothing. Cash of course is ok in the short term, but this is long term investment. Every paper currency eventually goes to zero due to inflation. Thats the point I hold a percentage of gold...not for the end of the world.
And yes, I realize gold doesn't make a good investment, it provides no income. It is to preserve wealth. Plus its much harder to tax when you give it to your kids!!