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GOLD gold futures

0.51%

$1,391.7

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spartan300

191 Posts.

44

21/08/18

14:28

Post #: 35065466
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Originally posted by Skol ↑

While you're in Switzerland you should park some funds in Swiss Banks.

I hear they pay about - 0.75%

Negative interest rates, isn't that great? They charge you 0.75% to keep your funds safe...

What a perfect indicator about how wonderful the global economy is doing.
----------------

Why would I park funds in a Swiss term deposit? It's like parking money in gold, a waste of money, zero return.

How much is gold worth? Only as much as someone's prepared to pay for it, it doesn't have a return or a P/E.

I'd park the money in a stock mutual fund, stocks have been doing pretty well, an indication the world economy is booming.

Gold.......what a disaster.

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So just to be clear...

What is your definition of a gold bug?

How do you define investors in gold stocks? Are they gold bugs too, or different?
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gold, page-45098

Top Stories

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Syrah jumps +19% as graphite tariff threat spurs optimism down under

History repeats for DroneShield investors but carnage so far subdued

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

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