Why we're so in love with gold

Perhaps in answer to the question in this, just perhaps many invest in gold because a. they don't trust the stock market now, b. don't trust the speculators and robo-tranders who manipulate the market, c. don't buy the false hope the afore mentioned article about a record on the DOW (after yesterday's drop, and today not all 3 American indicies were in the green incidently) would suggest.  Course, and ironically ol Blaine I guess has it so peeps can't comment on that article.  And finally, perhaps, just perhaps people are still concerned about inflation, ya know that inflation we all feel, but some try to argue away by excluding food and gas from the price increases that are being measured.  In spite of the fact that food price increases, and gasoline price increases are exactly the sort of inflation (and yes price increases on the basics also constitutes a contribution to inflation) is what the average house hold budget feels the pinch on the most...

So umm yeah.  We wouldn't want to go putting money into that there stock market, without having our hedge in gold.  Oh well, perhaps tomarrow will be a if the market is up, try to convince people to buy on hope, if it's down, blame Greece, and above all else, try to get people to throw good money after bad in the stocks the speculators (like those gasoline spculators) sneeze at, until they then pull their money and lets blame Greece yet again :D

Although positions were cut the past 18-24 mns to one-third, (1/3) what they were in 2005-2011.

Every portfolio needs to consider a little PMs of some kind or another...?

And maybe a few commodities likewise...?

It's what some prudent investors, Would call DIVERSIFICATION..

Invest in what you think is correct...And good luck.

 The Anunnaki ingrained it into our brains to look for gold when they changed our genetic makeup 40,000 years ago.   Why else do people salivate at the sight of it?

Silver is a much better investment than gold.  Why, because it is severly underpriced vis a vis it's traditional relationship with silver.  Traditionally silver is worth about 20 ounces to 1 gold ounce, the US gov't used to pay 17/1.  Then silver is worth around $30 and Gold approx. $1500.  That's 50/1.  So, if the dollar collapsed and silver went back to 20/1 and Gold went to $3000/ounce, well you can do the math. 

Thing is, which would you rather approach your grocer with, given dollars don't buy much someday, an ounce of gold worth $3000 or an ounce of silver worth $150?  One would be much more tradable and manageable than the other.  And that's the thing.  Silver has always been "money" and gold the province of the rich and aristocratic.  Silver is the more valuable metal, Gold is just a big problem for economies and individuals.