Posted 10/31/2014 10:54 (#4153658 - in reply to #4153644) Subject: RE: depends
Exactly right. The best explanation I have ever heard for owning some gold is that it is a hedge against government. Of course, even that is not foolproof, as our government has confiscated gold in the recent past. It would not surprise me one bit if they did it again. I'm afraid that there is no safe haven.
Not a good day for the gold market.
