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	<title>Comments on: Don&#8217;t Panic Sell Gold in August</title>
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		<title>By: Michael Gawn</title>
		<link>http://www.contrarianprofits.com/articles/dont-panic-sell-gold-in-august/4342/comment-page-1#comment-2678</link>
		<dc:creator>Michael Gawn</dc:creator>
		<pubDate>Wed, 06 Aug 2008 23:50:14 +0000</pubDate>
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		<description>Well said Dominic.  Your reference to the buying power of an ounce of gold in biblical times, should serve as a reality check for those who doubt the wisdom of holding gold.   When times are tough, and all the fictitious investments are crumbling around us, the bulk of everyone&#039;s portfolio should be in investments that have real and intrinsic value.  GOLD, (and other precious metals) are the storehouse of eternal value and last resort.   At crunch time, paper assets will be reduced to toilet roll, he who holds gold is king.
Regards,
Michael.</description>
		<content:encoded><![CDATA[<p>Well said Dominic.  Your reference to the buying power of an ounce of gold in biblical times, should serve as a reality check for those who doubt the wisdom of holding gold.   When times are tough, and all the fictitious investments are crumbling around us, the bulk of everyone&#8217;s portfolio should be in investments that have real and intrinsic value.  GOLD, (and other precious metals) are the storehouse of eternal value and last resort.   At crunch time, paper assets will be reduced to toilet roll, he who holds gold is king.<br />
Regards,<br />
Michael.</p>
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