Seeking Alpha

Trinitymaster » Comments » Single Comment |

  • What Is Going On With Gold? [View article]
    Gold is worthless except to those who will buy it from you; and they won't pay full value.

    Gold only has real value when it is converted into currency.

    Besides- we don't really know if the gold we invest in actually exists. What is to prevent a company from buying $100 million worth of gold, sell securities tied to it, and then sell the gold out the back door?

    Jan 09 02:18 am |Rating: 0 -3
All Comments by Trinitymaster »
Comments by Ticker
Trinitymaster's
Comments Stats
29 comments
Rating: 11 (36 - 25 )