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<blockquote data-quote="sortaisle" data-source="post: 1038011" data-attributes="member: 17605"><p>Gold is rising as our dollar is devaluing. I think maybe that was his point. Gold historically isn't very reliable though...If we start doing things necessary to raise our dollars value then gold starts dropping again. Gold shouldn't be more than 10% of your total overall portfolio if you have one. Besides, when economies collapse, the don't start looking for gold, they start looking for commodities. Water, batteries, foodstuff, and medical supplies become the currency of the day. What are you going to sell your gold for? Commodities. Not the worthless dollars their valued at. Besides, gold only has value in a stable economy.</p></blockquote><p></p>
[QUOTE="sortaisle, post: 1038011, member: 17605"] Gold is rising as our dollar is devaluing. I think maybe that was his point. Gold historically isn't very reliable though...If we start doing things necessary to raise our dollars value then gold starts dropping again. Gold shouldn't be more than 10% of your total overall portfolio if you have one. Besides, when economies collapse, the don't start looking for gold, they start looking for commodities. Water, batteries, foodstuff, and medical supplies become the currency of the day. What are you going to sell your gold for? Commodities. Not the worthless dollars their valued at. Besides, gold only has value in a stable economy. [/QUOTE]
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