RE:Why buy gold.........
I have thought about this a lot. last night for example after midnight I still woke up 4:43, two minutes before my radio came on. There should be two classes of gold. Commodity gold and currency gold. Currency gold would be more stable and could have two classes. Like open currency gold and closed currency gold. Closed would be gold with a lien on it used as collateral and open currency gold would be used as a storage of wealth. It would then have the ability to become collateral. Right now gold is not being well utilized. It comes back to commodity gold at $1200.00 and currency gold at $24,000.00. fundamentally that's what makes it work.