“Even smarter owners of stocks look at a gold bar and ask, “Where is the dividend?”
Im sure someone who speaks so highly of themself would find it necessary to take out car insurance or house insurance etc to protect themself against possible losses / unforeseen events... am I correct in this assumption?
Everyone has differing opinions on what “smarts” are... not taking SOME financial insurance in gold could be seen as being financially irresponsible which is quite the opposite of “smarts” not to mention that gold has appreciated over %300 since 2000 so a comment like “where is the dividend” doesn’t really stand... it’s not everyday you find a yielding insurance policy that has stood the test of time.
Gold charts, page-387
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