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21/04/16

11:01

Post #: 17564782
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Originally posted by AverageJoe ↑

If you wants direct comparison between apples, most gold bugs are long term investor correct? If so they ride gold up and suffered almost 40% hair cut from 2011. No doubt multi bagger cap gains along the way but have not realised a single cent while paying holding cost in all that time. Those on your list would also have a non realised cap gains but dividends are the payments for loyalty.

So in this respect there isn't any yields in gold. Most gold bugs sees the metal as insurance at the expense of all asset class. They are exposed entirely or majority to physical gold for their protection. I think this has gone beyond insurance. It Doids more like prepping for Armageddon. What happened to balance?

Meanwhile look at the Dow/sp500 when gold bugs were predicting meltdown recently.

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AJ

You would think your parroting some of the trolls best work by refusing to acknowledge that people on an Australian share forum are highly likely to buy a commodity in um Australian dollars. Then look at the chart to see the correct prices you should be quoting.
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