Originally Posted by MacLorry
MacLorry �
Guess wrong with gold and you'll take a blood bath.


Guess wrong with bonds and you'll take a bath. Not even Vanguard Money Market funds guarantee that your account value won't loose $$$ or fall below a dollar per share.
Guess wrong with stocks and you'll take a bath.
Guess wrong with a fund manager and you'll take a bath.

Stop guessing and start investing. Wait for prices to turn in your favor instead of chasing the Ace irrespective of what the investment vehicle is.
Those who purchased wisely and proportiontely kept a balanced portfolio.
The Food analogy is flawed from my perspective. Investing and being prepared are separate issues.
If you bought Gold at $1800 and ounce and the value falls in half you still have monetary value. If you spent the same $1800 on MRE's and Chicken Little doesn't have his day your loss is 100%.
Placing 100% of your investment in fiat currency is a recipe for disappointment.

Dave