College Doesn't Take Gold As Payment ):
Milo3,
Today I ran across a person I know from a mutual acquaintance. He, his wife, and I were talking computers and then the conversation turned a bit towards precious metals. He said a person he followed was saying to own physical and not ETFs. He also said this person has noted that the American dollar may bottom in less than five years. I told him I personally felt it would be less than two years.
If I could hold for that long, without needing to liquidate, I would likely do so. I would likely liquidate my gold and sterling and then purchase American silver dollars (Morgans) with most of the earned funds. As I have said earlier, I prefer them over Eagles or Maples.
In the aforementioned conversation, I told them I would likely be liquidating some 14k necklaces, and other gold pieces like earrings and the like. I said I would be needing the money for college. He then said that you couldn't pay for college with gold and laughed a bit as did I.
What a shame. They really, really should consider it. :)
Peace Out,
White Cobra
Analyze the Anticipation!!!