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Why is that? Gold buys the same amount of goods today that it did 100 years ago. It has held its value better than any other money available. I personally prefer to have money (gold) that holds its value and/or appreciates. But, I guess if you prefer fiat that losses value every year, go right ahead.
dimaniak,its not racist,Obama is just a puppet,and he will not be the "hope" and everything he does will hurt the economy for many years with massive welfare and paper printing to bail out banks and not to create infrastructure jobs that actually benefit the economy.
so what if you had invested with another firm... wouldn't you be saying the same exact thing about your investments? How the hell do you think a world market is not going to be affected by the collapse of an economy which consumes 25% of the worlds goods while it houses only 5% of the worlds population.
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What about India buying 200 tons of newly sold Gold from JP Morgan last week. They put 200 tons on the market and India buys the whole thing!