He lost because he's a nutjob living in the 1920s. Also he can't go anwhere in the northeast with that abortion stand. Nobody will listen to anything any Texan says here.
And guess what - gold isn't coming back as mainstream money - ever. No first world country is going back there. The payment system would collapse on a gold standard or we'd be exposed to ruinous outflows.
That said, yes gold is long. But for jewelry, and as a collectible, and because the other guy is buying. Nobody will go wrong buying a maple leaf a month. Frankly, I'm surprised gold hasn't become a partial alternative to life insurance.
And guess what - gold isn't coming back as mainstream money - ever. No first world country is going back there. The payment system would collapse on a gold standard or we'd be exposed to ruinous outflows.
That said, yes gold is long. But for jewelry, and as a collectible, and because the other guy is buying. Nobody will go wrong buying a maple leaf a month. Frankly, I'm surprised gold hasn't become a partial alternative to life insurance.