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gravelman

126 Posts.

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22/08/24

13:55

Post #: 75325796
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Originally posted by 1ronnie: ↑

You don't need an advisor if you just buy Gold and keep, buy them progressively not in one go.

And its physical Gold (or proxy paper Gold -ETF or digital if you like) I am talking about.

Not gold miners. Not specky gold juniors.

In fact, advisors would want to tell you something less simple as buying Gold to justify their existence. Like recommending the right Gold stock and Gold explorers with promises of wonderful riches. They get some wonderfully right, they get others terribly wrong. And they tell you a handful of them to choose from - you choose the wrong one to plough in and you get crushed.

When the time comes for gold equities, every single one of them would rise. Won't happen until we get an event that leads the Fed to cut rates like no tomorrow.

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Thanks Ronnie, but I have all that covered already. I have a chunk of cash set aside specifically to take advantage of this coming spectacular gold bull run, I just have the knowledge to pick the winners like a pro.
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