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Oh, I have some shinies because I know people will trade for them.  My remarks were directed at the GEICO parody on the linked site.  I do not consider gold and securities to be a useful contrast.  My point, and I do have one, is that gold only muscles currency aside in a collapse scenario, and in such a scenario, there are more basic items that are far better investments than gold.
by rifek on Mon Nov 30th, 2009 at 11:07:35 PM EST
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BTW, Jesse recommends having some of your assets in gold, 10-20% at most.  The rest in the currency of your country.  He advises against trying to "get out in front" of a market collapse via shorts or puts, etc.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Dec 2nd, 2009 at 04:12:03 PM EST
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