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The Water Cooler
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Where's the smart money?
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<blockquote data-quote="perfor8" data-source="post: 1309407" data-attributes="member: 10088"><p>You're using a fallacious argument against gold. Your concern applies to all investment vehicles, not just gold. I'll stipulate to the fact that FRNs (dollars) are being devalued (inflation). I see that as an argument to diversify into something else. ANYTHING in which you invest must increase in value to break even (assuming continued inflation). So, where's the smart money?</p></blockquote><p></p>
[QUOTE="perfor8, post: 1309407, member: 10088"] You're using a fallacious argument against gold. Your concern applies to all investment vehicles, not just gold. I'll stipulate to the fact that FRNs (dollars) are being devalued (inflation). I see that as an argument to diversify into something else. ANYTHING in which you invest must increase in value to break even (assuming continued inflation). So, where's the smart money? [/QUOTE]
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