"... On Sep 11, 11:22 pm, rigsy03 <[email protected]> wrote: ..."
> Was just refreshing my memory about the Hunt brothers attempt to > corner the silver market in the '70's and '80's. If gold is > "worthless" why is it high and where are all those lockets heading? Gold is no longer an investment. It is merely a hedge against excessive risk just as U.S. bonds are. Notice that when the market is risk adverse money flows into gold and bonds and back out again when the market is willing to take risk.
