In response to:

Falling Gold Is a Good Thing

Louis200 Wrote: Apr 17, 2013 7:35 AM
I've still tripled my money since 2008. Have you?
Michael160 Wrote: Apr 17, 2013 9:22 PM
I did buy in at around 1100, now it looks like it's a very long term hold to make any real money.
Frank130 Wrote: Apr 17, 2013 9:37 AM
You guys are the truly smart guys. I didn't wake up to reality until gold was about $900 & I waited a bit to buy it (because I was on vacation) & when I got home & bought it was already at $1100 :(

But buy I did & I trust PHYSICAL gold & silver (real money) more than paper gold (GLD) or paper silver (SLV) or paper US Dollars.

We'll see whose correct in 10 years, Kudlow or you guys.
ElihuE Wrote: Apr 17, 2013 8:11 AM
And I 'bought in' all my gold (physical bullion) in February of '02 when the spot price was under $300. Poor me...

In the last two days gold has plunged so deep that it’s being called the worst drop -- at least in percentage terms -- in 30 years. That brings us back to the early Reagan period, when falling gold was regarded as a good thing.
 
Back then, lower gold showed inflation coming down after the horrible 1970s. It also showed confidence in the economy recovering and greater respect for the dollar. Over the next two decades, in the ’80s and ’90s, gold basically dropped in round numbers from $800 an ounce all...