"Ignoramus2298" wrote in message
...
George, I think that there are income producing assets that should
retain much of their value regardless of devaluation of currency.

Ergo, if I own a piece of a toll bridge, and get dividends every
quarter, I would not be too hurt if the currency devaluates. The toll
bridge would still be able to extract some sizable amount from those
passing it.

i

And the thing that worries me about gold is the possibility that some day,
when things are really rough, people are going hungry and reality sets in,
they may start looking at their piles of gold and realize that not only
can't they eat them, but that it's really a crummy, soft, and heavy metal
that isn't good for anything except bullets and sash weights, unless the
economy is perking along. A little reality would really knock the hell out
of the market.

A lot of people who are buying gold are in for a sleighride, as always
happens. Like any speculative commodity, it only looks good when you get in
on the way up and get out before it goes down.

Now, corn or soy beans...at least you could eat them in a pinch. d8-)

--
Ed Huntress