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02/13/05 8:12 PM

#358266 RE: basserdan #358264

My problem is that the price of Gold, being far above its intrinsic value, is completely subject to popular opinion. If popular opinion decides to price Gold based on the $US/Euro ratio, we could just sit and helplessly watch our investments deteriorate as both the $US and the Euro depreciate.

I wonder, BTW, what gold would be priced at if it had no currency value...
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Zeev Hed

02/13/05 10:25 PM

#358281 RE: basserdan #358264

Dan, what is your long term target and how long is long term?