100 Years From Now
Baron's recently ran an article that pointed out the following fact:

IF YOU WERE TO TRAVEL 100 years into the future, never to return to 2010, what would you pack for the trip: $1 million in cash or $1 million in gold?

If you're like most of Northern Trust's clients, you'd pick the gold, says Bob Browne, chief investment officer for the Chicago-based high-end bank. "I would guess 99% of clients say 'I'll take the gold,'" he says, adding that gold has proved its value over and over again in the past century—in the faces of political upheaval, world wars and the debasement of currencies.

In other words, people were more confident that gold would be around 100 years from now than the dollar.

But that then makes me ask, "what about 90 years from now?"

"How about 80?" "Fifty?" "Twenty years?" "Five years?"

See the risk of not owning gold right now?

By saying you would choose it over the dollar a hundred years from now, but not now, simply means you are playing a waiting game. The game is not "if" you will buy gold, but "when."

Is that a risk you really want to take? Are your really that smart? What is the catalyst that will finally make you trade your paper for gold, and what if it does the same for everyone else? Will you even be able to get gold then when everybody wants it?

Really want to take that risk?

You see.... gold is not risky. No, gold is the ultimate risk-free asset, bar none!

If you are still waiting to purchase your gold, I will ask you the famous question that Dirty Harry asked: "Do ya feel lucky? Well.... do ya?"