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The Power of Knowledge
I'm happy to pay that as an option premium to have an allocation of gold, which I fully expect at some point that I will own zero gold. There will come a point where I don't sell the gold, because generally I don't care about the price, but there will come apoint where I can exchange that gold for something I want to hold more. Maybe a waterfront property in Sydney, I will one day be able to exchange my gold for. If that's the case, I would rather own the property in Sydney and I'll give up my gold exchange for that. But until then, I don't want to own equities at this price based on, as opposed to