Question: What do we think of GOLD’s potential for the next year or so (compared to stocks or real estate)?

Scott Thompson: As we know, Buffett does not invest in gold. However, billionaire Jim Rogers does invest in gold. So does Kyle Bass of Hayman Capital Management.As long as central banks, like the Fed Reserve, continue to “print” money, the purchasing power of the US dollar will continue to decline. Their “Quantitative Easing (QE)” makes the dollar decrease & the price of gold increase over the long-term.

Ralph M. Witkin: I’m thinking with the lack of a US budget, our dollar will probably continue to decline, because of all the govt debt we will have inflation some time in the future, as long as the govt has interest rates near zero cash has no value, with the ANTI-business attitude of Washington I’m afraid of US stocks, and it’s very difficult to get mortgages these days so real estate isn’t attractive and bonds scare me more than stocks because interest rates won’t stay at lifetime lows forever

Maulik Mistry: GOLD = convenient Swiss bank account. Everyone trust it. and It is better in hyperinflation and war, just don’t overboard it. 5 to 8 % allocation is fine.

Ralph M. Witkin: I wouldn’t consider taking possession of physical gold — but have been looking at some Gold stocks (mostly mining) & gold (or prec mtl) focused mutual funds & of course the ever popular GLD etf