All investments are relative. Gold, compared to everything but the US$, has done quite well since the Oct drop. I think it’s hitting its all time high in most other currencies right now. But keep in mind that gold did not go up in price from 1929 to 1932. It held it, though. And that was huge enough at the time. Then FDR set the price at 35 and made took it from individuals. So it’s got a good track record in market melt-downs of holding its value while others collapse. But you could hold US$, too. But eveyone feels like that’s eventually doomed. So buy gold every month or so as you go….
