JasonUnbound

Good as gold

In the fall of 1999 I bought two one-ounce bars of gold, as a hedge against potential Y2K-related disaster. (Yeah, remember Y2K? Ha!) The idea was that, should social breakdown occur, cash would lose value, but an encased bar of 24K Credit Suisse gold bullion might just buy enough gas or favors to get the hell outta Dodge.

At the time, gold was under $300 per ounce. In the past year, and in particular the past month, gold's gone through the roof, and is now up at $725 per ounce. I still have my survivalist streak, but am doubting the gold bars' usefulness. Should I sell 'em?