• Seeking Alpha
The advances in gold prices have dominated the financial news. On Thursday (9/16/10) the price of an ounce of gold hit a nominal all time high of $1,271.90.
A Pantywaist Investment: While gold is typically considered a source of investor refuge in periods of political and economic turmoil, it represents a pantywaist investment for “real men”. If financial turmoil slips into global chaos the “basics” become: food, potable water, breathable air, energy, guns and ammunition.
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