Nathan I agree over the very long term, the producing farm land/rental property is the better option, but that is not the point.
5-10 years ago, property was the bubble in the US and gold was very undervalued relative to other currencies property etc.
Which would you have bought then?
Gold is still very undervalued.
Even in Australia, gold has risen only half as much as property. It has much further to go.
I am not in gold as a life time investment.
I will stay in till it reaches fair value and other assets become undervalued. Then I will switch.
How can gold be a pyramid scheme when it is the only money that is proven over thousands of years?
burnakura feaso out, page-38
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