Originally Posted by hurt
i thought there was gold in virtually every computer or piece of electronics, which would make it increasingly valuable.
As far as I know gold isn't the most prevalent or necessary metal in current computers nor in most expected improvements in the future. But I could be wrong. Can someone show me where gold's value comes from it's demand in the electronics industry? because I was pretty sure that gold's value is essentially the same as the dollar's value in that we've assigned a theoretical bartering worth to it. Certainly it has more practical use as a pure metal than actual dollars have, but by that definition the copper in pennies is certainly more valuable than their actual worth as well as the paper dollar.
I believe my point still stands. If you believe that investing in the economy and private business (which is essentially what you are doing with most IRAs) is not a worthwhile investment because the American economy will collapse and your IRA account will be emptied within 40 years then I would suggest guns and ammo would probably be a more worthwhile investment. In as much as they always retain their value and would actually gain tremendous value in the case of a lot of the catastrophic events that would result in the collapse of our economy/country.
but gold's cool too, I just can't shoot zombies with it.