maybe. it’s not a bad bet. I think my expectations are so conservative — please god, just let me stay flat or close thereto over 10 years…that i won’t be crushed.
the temporary suspension of the short sale rules in the middle of the financial meltdown? that’s probably just a taste of what would happen if TSHTF. i don’t think confiscation would occur with gold; it wouldn’t have to ; much easier to just tax gold gains at 85% on all brokerage accounts holding gold.