Recently I was able to get two friends interested in the PP. Over the past two weeks I've gotten 5-6 phone calls from these people asking me to clarify certain points. Outside of giving some pointers on how to buy gold, most of the time I just had to point out the appropriate article in Craig's blog (Thanks Craig!).
I get the impression this site has helped quite a few other people as well.
"Men did not make the earth. It is the value of the improvements only, and not the earth itself, that is individual property. Every proprietor owes to the community a ground rent for the land which he holds."
Nice work! My results have been mixed but I've got a (very small) handful of "converts".
The nice thing about the gold bit is that even if someone is feeling a little skittish about physical gold, the ETFs are there as a more "mainstream" fallback if someone is just too darn nervous. Can't make the perfect the enemy of the good and all that.
Maybe I didn't write that clearly enough. What I meant was I referred them to the appriopriate article that answered their question each time they called, so I actually had them read several of Craig's blog posts/FAQs. Questions questions dealt with things like 1) How do I purchase gold from a dealer?, 2) Why can't I just use long term corporate bonds since they have a higher yield?, 3) What are the rebalancing bands?.
The lengthiest question for me to answer was the gold buying questions. From my personal notes to these guys I just typed up my post on the gold buying forum which I put up a few minutes ago.
Thanks FarmerD... I thought Craig maybe had some kind of mind-altering megapost usable to convert anyone to the PP, from Gold-bugs to Grandma.
I misinterpreted.
"Men did not make the earth. It is the value of the improvements only, and not the earth itself, that is individual property. Every proprietor owes to the community a ground rent for the land which he holds."