re: Can someone explain the pros and cons of gold?

quote:

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You can trade that gold later for more of the dollars that are worth less. I don’t understand the goldbugs.

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Interestingly, you're not limited to only trading that gold later for more of the dollars that are worth less. You also have the option to trade that gold for housing, food, water rights, land, guns, ammo, silver, fuel, Lira, drachma, rubles, rupies. Maybe a few other things.

I know a 'goldbug' that made $27,251 on his investment. Last Thursday.