Quote:
Originally Posted by faarcyde
I would imagine buying any art that would appreciate is probably a 1000:1 shot or worse.
In terms of gold, I would opt for the physical stuff because there are countless reports of the GLD and SLV ETFs being shady. There is expensive acquisition costs but you can usually recoup them when selling it. Will it provide an adequate return? If the FED keeps printing and there isn't a balanced budget in the near future I would say gold/silver/tangible assets look very good.
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if I remember correctly Kyle Bass reported that amount of gold in Comex is less than 4% of the potential outstanding claims