GOLD 0.51% $1,391.7 gold futures

skol, Gold IS money and has been for centuries, that statement...

  1. 739 Posts.
    skol, Gold IS money and has been for centuries, that statement proves your poor knowledge about GOLD and your views are obviously flawed.

    Gold is a medium of exchange, you can take gold down to the store or the bank in some jurisdictions and exchange it for goods, thats MONEY

    Gold is the only sensible investment, when you have every central bank inflating, why on earth would you ever want to hold paper currency.

    Im going to agree with you that livestock is also a very good investment, agriculture/food absolutely get on board that, depends what cash...USD-no way, AUD-maybe, CHF-probably, Swedish Kroner and NZD are others I would consider, but thats about it.

    bonds-you've done your dough there skol, good luck getting back stuff all interest as the value of your bond declines in real value and the interest isnt even enough to keep up with inflation-a losing investment there

    and a house...iwouldnt be taking out a mortgage to buy one, but if you own your own home, then thats great, but you are not going to be making a lot of capital growth on it, depending on where it is

    commods and precious metals are the best investments in the land and you will witness them surge in the coming years, dont be a hater, its not too late to get on board, the train is making its last few stops before it runs express from 1650-2000
 
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