I’ve posted Entry #55 to my weekly Investing: The New Rules column at the Death by 1,000 Papercuts site. It’s called Gold Leaves Me Cold.
Juicy Excerpt: I’d rather profit from the economic collapse than suffer financially because of the economic collapse. I’m not an idiot. But the full truth is that I don’t want there to be an economic collapse. Investing too heavily in gold would make me feel that I was rooting for one. The sort of economic collapse we are living through today has the potential to cause a huge amount of human misery. I don’t want to profit from that, I want to stop it.