Jolly_Rancher

8 Reasons ETF Investors Go for the Gold

I can think of an even better investment than gold and housing: it's called investing in yourself. Hard work, education, training, developing a business, putting your money and your talents to work. And this actually contributes value to the world around you, building things, hiring people. Stuff gold and housing; go start a business and do something productive.


On Apr 10 12:04 AM bcncv wrote:

> I can think of another asset that holds its value over the long term.
> It rises in value with inflation, but unlike gold, it actually serves
> a useful purpose.
>
> That asset is housing. Home values have tracked and increased along
> with inflation as long as there has been a price put on them. In
> addition, being a levered investment, it provides much better protection
> from inflation.
>
> Just don't forget, like gold, it is subject to occasional massive
> price corrections. I'm not saying gold is a bad investment. Just
> realize it holds the same downside risks as any other asset before
> you buy it.

8 Reasons ETF Investors Go for the Gold

Yes but how much will your GLD shares be worth when the all the fiat currencies are worthless and governments are brought to their knees?


On Apr 09 11:43 PM Vuke wrote:

> Gold has held its value for thousands of years.
>
> Long after air miles, the Euro, Ruble, USD and Yen have become historical
> footnotes gold will retain its worth. It is indestructable and immutable.
> Paper is not.,
>