Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
... saving - a quarter each in equity, bonds, interest-yielding "cash", and physical gold bullion, with profits taken every quarter or year at fixed times to maintain the ratios - has return on gold dragging down average returns in most situations, but exploding in value in case of an across the board collapse that takes down equity, bonds and cash alike.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Mon Nov 30th, 2009 at 11:29:40 PM EST
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